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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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<blockquote data-quote="ON D BIT" data-source="post: 16387746" data-attributes="member: 10422"><p>That’s exactly true. Offering 0% allows them to move product. Everything runs on credit so cash from a sale even if it’s $10k less than they wanted still gives them cash to pay off debt and get rid of the interest charges.</p><p>$60k msrp today.</p><p>In one year making payments and allowing interest to accrue you might get $55k but probably not as now it’s a year old.</p><p>$50k today cash in hand pay off the debt stop interest from accruing.</p><p>I got 0-72 and $4k below msrp for my new $20k fiesta st in 2017.</p></blockquote><p></p>
[QUOTE="ON D BIT, post: 16387746, member: 10422"] That’s exactly true. Offering 0% allows them to move product. Everything runs on credit so cash from a sale even if it’s $10k less than they wanted still gives them cash to pay off debt and get rid of the interest charges. $60k msrp today. In one year making payments and allowing interest to accrue you might get $55k but probably not as now it’s a year old. $50k today cash in hand pay off the debt stop interest from accruing. I got 0-72 and $4k below msrp for my new $20k fiesta st in 2017. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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