Do car dealers not accept full payment in cash?
I heard the car dealers will refuse the sale if youre paying in cash for the full amount because they make money in the interest from monthly payment.
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heavyone2 · 61-69, M
@morrgin Well.. some do hold on to a check , they verify it to get "ok'd" and such. You have 72 hrs. in most states to call off the deal and bring back the car if you are not completely happy with the deal and also if something goes wrong with it. I've had nightmares with cars before.
morrgin · F
@heavyone2 They were probably hoping we'd change our minds and bring it back. We'd already paid around $250 for them to just hold for 2 days and they called during that hold period to ask us if we were positive we wanted it. I think they had a buyer at the lot or something. Once we got there to buy it and gave them a check they stayed professional, but you could tell they were a bit depressed as they asked questions about if we wanted warranties and if we were sure we didn't want financing.