Quote Originally Posted by Durk Diggler View Post
They mark cars up like that because most banks won't finance a car under $5k. So if you want a $4k car but have to finance it you'd have to add a grand on to the price, which most people wouldn't do. So the dealership does it for you more or less.
But that price is steep find the combo of the newest/lowest mileage car for around 5k.
People looking to finance a $4000 car are probably going to have to take the loan out to cover everything, including the so called "dealer fees" so that still makes it difficult, if not impossible, to get a loan on an overpriced car. Thats all they are doing is making more money on the car.