I am shopping for a “new” car. Mine got totaled a week ago, not my fault. I am currently considering used cars at new car dealerships, no older than 2016, maybe 2015. I could pay cash, but I know dealers make money by financing. The cars I’m interested in currently are priced at about $16k. Could I save money by getting them to reduce the price significantly, say to $13-14k then letting them finance for 72 months? I could then pay it off at the first monthly payment.
If this idea is loony, does cash still talk? There are two nearly identical cars at two different dealers in town.