Hello! I'm interested in a 2020 VW Jetta SE, but would like to make one payment in cash - although I have excellent an debt to credit ratio, my credit is considered poor because of identity fraud because those reports are still showing (it's a lengthy work in progress and I don't expect it to be resolved soon).
While I can make one full payment, sort of, I only have $15K to spend. (I actually have a little more but don't want to pay more than $15K.) Is it possible to negotiate down from $23K if I purchase the car in one cash payment?
Also, this would be my first time outright buying a car -- I have always leased. Do I need to buy a warranty package? My plan is to use the car for roughly 6 months and then sell it.
Hello! I'm interested in a 2020 VW Jetta SE, but would like to make one payment in cash - although I have excellent an debt to credit ratio, my credit is considered poor because of identity fraud because those reports are still showing (it's a lengthy work in progress and I don't expect it to be resolved soon).
While I can make one full payment, sort of, I only have $15K to spend. (I actually have a little more but don't want to pay more than $15K.) Is it possible to negotiate down from $23K if I purchase the car in one cash payment?
Also, this would be my first time outright buying a car -- I have always leased. Do I need to buy a warranty package? My plan is to use the car for roughly 6 months and then sell it.
Many thanks in advance fellow car buyers!
You aren't going to get a new Jetta for $8000 off MSRP.
If you have $15K cash, why not buy a gently used vehicle? Especially, if you are only going to keep it for six months.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
While I can make one full payment, sort of, I only have $15K to spend. (I actually have a little more but don't want to pay more than $15K.) Is it possible to negotiate down from $23K if I purchase the car in one cash payment?
Also, this would be my first time outright buying a car -- I have always leased. Do I need to buy a warranty package? My plan is to use the car for roughly 6 months and then sell it.
Many thanks in advance fellow car buyers!
If you have $15K cash, why not buy a gently used vehicle? Especially, if you are only going to keep it for six months.
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Car dealers won't cut you a better deal because you have cash. The bank doesn't pay them in peanuts. They get their cash, either way.
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