We love all of the different auto specials that All Star has to offer each and every month. They are a great opportunity to get a great vehicle at an even better price. But did you know that there is a way that you could possibly get an even better price on a vehicle that is on special? There is! Pay with cash! While this won’t work every time, because All Star prices their vehicle specials really low, it could get you an even better deal. Today we would like share with you some of the benefits of buying your next vehicle from All Star near Ladue with cash.
- Financing could mean lost discounts – Auto makers love to attract customers with financing offers that sound spectacular. One or two percent APRs are popular and zero percent offers are sometimes even options. The one thing many people forget, however, is that all of these offers come at the expense of a higher price. Read the fine print and you will most likely see that there is a rebate offered to buyers who decline financing. But even in cases where that’s not explicitly mentioned, you will always be in a better position to utilize effective negotiation strategies when you bring cash to the table.
- Auto loans are not tax deductible – “A mortgage on your primary residence and a student loan can both be great deals because you can deduct interest payments from your income and pay taxes on a reduced amount. However, there is no such tax deduction on automobile loans.” -moneycrashers.com
These are just a couple of reasons that paying with cash could mean extra savings. For more information on the different vehicle specials that are available at All Star, head to the dealership today!