Buying a Car and the Infinite Banking System

by Joseph
(Richmond, VA)

When buying a car I go in with the price I am going to pay for the car. I research the vehicle I want and decide what I would want to pay (total) for the vehicle. The dealership works to get me to buy a payment, but I refuse and show them the total I want to pay (i.e. a $24,000 vehicle should only cost me $18,000). When they start laughing at me and tell me there is no way that would ever happen, I get up and start to leave. I never get to the door before they call me back and work out the details.

I have financed the car at a bank, but will now start using the Infinite Banking System. My last 3 vehicles were purchased this way and I have saved $18,000.