{"id":266,"date":"2016-09-29T13:51:50","date_gmt":"2016-09-29T13:51:50","guid":{"rendered":"http:\/\/www.bgrfinancialcoaching.com\/?p=266"},"modified":"2016-09-29T13:51:50","modified_gmt":"2016-09-29T13:51:50","slug":"purchasing-cash-car","status":"publish","type":"post","link":"http:\/\/www.bgrfinancialcoaching.com\/index.php\/2016\/09\/29\/purchasing-cash-car\/","title":{"rendered":"Purchasing a Cash Car"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-267\" src=\"http:\/\/www.bgrfinancialcoaching.com\/wp-content\/uploads\/2016\/09\/Cash-car-150x150.jpg\" alt=\"cash-car\" width=\"150\" height=\"150\" srcset=\"http:\/\/www.bgrfinancialcoaching.com\/wp-content\/uploads\/2016\/09\/Cash-car-150x150.jpg 150w, http:\/\/www.bgrfinancialcoaching.com\/wp-content\/uploads\/2016\/09\/Cash-car-45x45.jpg 45w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/>Is it actually feasible to purchase a car today with cash? The simple answer is \u201cYes.\u201d\u00a0 In many cases people have bought into the norm which is go to your bank\/credit union, fill out a loan application, get approved and like magic you have money to buy a car.<\/p>\n<p>The reality is you don\u2019t own a car, you now have a car payment with interest.\u00a0 Of course, there\u2019s the argument, \u201cinterest rates are so low, why would I spend my own money when I can get such a low rate and keep my money?\u201d\u00a0 Well, most folks don\u2019t keep their money if they get a loan at a low rate.\u00a0 Most eventually see this as extra money, and then they spend it and have a car loan.<\/p>\n<p>Ever wonder why car dealers and other folks seeking to get you to part with your money call you Consumers or Customers?\u00a0 It\u2019s because it is the very thing you do, consume.\u00a0 Their sole goal is to get you to part with your money and feel good about it\u2026until you start making the payments.<\/p>\n<p>There is a better way\u2026note this isn\u2019t an easier way but it is better.\u00a0 Save your funds for a new car and pay cash.\u00a0 Guess what?\u00a0 You won\u2019t have any payments when you leave the lot.\u00a0 You also can negotiate a better deal.\u00a0 This may not happen at the first dealership or the second but in the end someone will want to work a deal to get a car sold.<\/p>\n<p>A personal experience was going in to purchase a cash car recently.\u00a0 The deal was in the final negotiations phase when the salesman thought he had another buyer will to pay full price.\u00a0 He let me walk after I put cash on the table.\u00a0 I walked and within 2 minutes he called to ask me to come back and buy the car, as his other buyer didn\u2019t have the money.\u00a0 Too bad, I went to another dealer got a great deal and no payments.<\/p>\n<p>Owning a car out-right is a wonderful feeling.\u00a0 You leave the lot with your car\u2026not a car payment for months.<\/p>\n<p>When planning for your financial future <strong>Stop Paying Interest and Start Earning Interest!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is it actually feasible to purchase a car today with cash? The simple answer is \u201cYes.\u201d\u00a0 In many cases people have bought into the norm which is go to your bank\/credit union, fill out a loan application, get approved and<\/p>\n","protected":false},"author":1,"featured_media":267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_wp_convertkit_post_meta":[],"footnotes":""},"categories":[2],"tags":[],"class_list":["post-266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-life"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Purchasing a Cash Car - BGR Financial Coaching<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.bgrfinancialcoaching.com\/index.php\/2016\/09\/29\/purchasing-cash-car\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Purchasing a Cash Car - BGR Financial Coaching\" \/>\n<meta property=\"og:description\" content=\"Is it actually feasible to purchase a car today with cash? 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