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Non-Cattle Specific Topics
Coffee Shop
How would you pay for the truck?
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<blockquote data-quote="Jogeephus" data-source="post: 1086039" data-attributes="member: 4362"><p>Exactly right. The car folks are making as much if not more on financing. 0% isn't real. Its marked up to compensate for this "free interest". Ain't nothing free but making you feel like you are getting something for nothing is what their job is. I was looking at a tractor and the selling point was 0%. I asked what the cash price was and it was $6000 cheaper. Also if you were to finance it this way and you went to pay it off early you would see the interest rate being paid. I think this is why they can claim 0% but they can't say "no interest".</p><p></p><p>Try to figure out all the incentives too. These are sometimes hidden. Last big ticket item I bought I leased it for two months then bought it off the lease. In doing this I got a rebate when I leased it then another rebate when I bought it. Made no sense to me but when you looked at the figures it was a no brainer.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 1086039, member: 4362"] Exactly right. The car folks are making as much if not more on financing. 0% isn't real. Its marked up to compensate for this "free interest". Ain't nothing free but making you feel like you are getting something for nothing is what their job is. I was looking at a tractor and the selling point was 0%. I asked what the cash price was and it was $6000 cheaper. Also if you were to finance it this way and you went to pay it off early you would see the interest rate being paid. I think this is why they can claim 0% but they can't say "no interest". Try to figure out all the incentives too. These are sometimes hidden. Last big ticket item I bought I leased it for two months then bought it off the lease. In doing this I got a rebate when I leased it then another rebate when I bought it. Made no sense to me but when you looked at the figures it was a no brainer. [/QUOTE]
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Non-Cattle Specific Topics
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How would you pay for the truck?
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