2 ms·
That you pay for via inflated prices and fat profit margins.
by novok 7y ago
That you pay for via inflated prices and fat profit margins.
- toast0 7y agoWhen the offer is $X now or $X/36 for 36 months, it's clear the seller is paying the financier, but that doesn't mean the seller will offer a discount for current payment.
- novok 7y agoSome do although, especially when you poke them about it. You see it often with cars where you offer all cash vs the %0 financing option, you can often get a discount that way. The $2000 in interest you were going to pay implicitly through the inflated price of the car goes away.
- jcater 7y agoSure, but as there were no full payment discounts, full cash buyers subsidized my payment plan.