Quote:
Originally Posted by k0nr4d
Interesting, me and my uncle just went in a couple days ago and bought a citroen berlingo for cash, around that same amount. They really don't take cash at dealerships in the US?
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They do take cash. Depending on the amount, there is paperwork to be done for reporting the transaction to the Federal government.
Dealers prefer that you do not pay cash because they get fewer opportunities to make money on a car deal. That ranges from the cut they get from arranging a lease or loan, to options like extended warranties or accessories that buyers are more likely to choose if they can fold it into the amount they borrow. In some cases, those extras account for up to 75 percent of a showroom?s profits.