Loan Question
Let say you make an offer for $23k OTD. That tells them that you are not willing to pay no more than that after all the fees, tax, etc are added. $23K will be your final price. But you always start a bit lower than what you want, that way when you start to negotiate you will end up in a medium.
Out the door means all costs are included in the price. Like mentioned, dealers will often throw on extra fees at the end to screw you over. Like, you agree to $22,000 and they toss on a 200 application fee, 100 paperwork fee, processing fee, whatever... they'll make **** up right there.
OTD means all that BS (tax also) is included in the negotiated price. You might offer $23,500 OTD so that's what you pay, out the door.
OTD means all that BS (tax also) is included in the negotiated price. You might offer $23,500 OTD so that's what you pay, out the door.
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