The Ridiculously Easy Way to Save Thousands Off the Purchase Price of a New Car

Car dealers are more anxious than ever to move more of their inventory. With more and more competition hitting the market on a daily basis, many dealers are desperate, and that means big savings for you.

It has long been advised that you finance your vehicle through a bank, and not directly through the dealer. Dealers typically lend to people with less than perfect credit, and because they know these people will have trouble getting their car financed through a bank, the interest rates can be ridiculously high. Fortunately, this works in your favor!

When you finance directly through the dealership, that dealer is interested in all those dollars in interest that he will be getting, which is usually more than the cost of the vehicle itself! He wants those interest dollars so much that he will very likely be willing to knock hundreds, or even thousands of dollars off the sticker price for the car. He knows that on a $20,000 purchase, he could make more than double that price when compounded with the interest, so he won't be so worried about knocking a couple thousand off the price of the vehicle.

So the technique is this: You go to a dealership and ask for financing through the dealership itself. But tell them that since the cost of the vehicle with interest will be so much, you'd like to see if he could offer you a better deal on the price of the car. Sure! He'd be happy to give you $2,000 off the sticker price to help balance out those finance costs! Anything to get you to sign that contract for financing.

Once you've signed the deal and walked away with the vehicle, you can either come back in a few days and pay the car off in full, thus avoiding all of the finance charges and interest, or you can get bank financing for the loan for less interest. But you've already locked the dealership into the price they quoted! It's completely legal, and it will work darned near every single time. In fact, you may be able to do this with other purchases, as well, such as homes that are purchased through owner financing, and major purchases like boats, jet skis, and major electronics!

There is just no sense in paying full price for an item when you can get such a big discount, and you should never allow yourself to be taken advantage by predatory lending practices. So why not take the better of both sides and save money, while taking advantage of the predatory lenders themselves?