How To: Buy A Car With No Loan

Ensure you get a signed Bill of Sale and the Title (make sure it's "clean" and not a "salvage" title). 6. The "Cash Buyer" Negotiation Tactic

Don't drain your entire savings. Keep an emergency fund (at least 3-6 months of expenses) separate from your car cash.

Spend the $100–$200 to have them check the engine, transmission, and frame. It could save you $5,000 later. 5. Closing the Deal with Cash

At a dealership, until the very end. Dealers make a lot of money on financing, so they might actually give you a higher price if they know they won't make money on a loan. Negotiate the "Out the Door" price first, then reveal you’re paying in full. Do you have a specific dollar amount saved up, or

Since you don't have a bank's gap insurance or a heavy warranty, a is your best friend. Take the car to a trusted local mechanic.