In article <3fc2f65c.0404060959.6093f14f@posting.google.com >,
roadierogerbugsplat@earthlink.net (Roadie Roger) wrote:
> Anyone catch the 60 Minutes piece on Dealer Financing? The Finance
> guy can add 1 - 3 percentage points (or more) to your loan and get a
> check (dealer reserve) from the finance company for the extra profit.
This isn't news. That 60 Minutes thinks it is, is why I stopped
watching 60 Minutes about 20 years ago.
Anyway, take my advice to heart: buy the car from one guy in one
transaction, and buy the money from someone else in a completely
separate and unrelated transaction.
In other words, don't use the car salesman or dealership to arrange the
financing. Arrange it yourself.
That's not so hard, is it? I've been telling people this for many, many
years.