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10 Things Your Car Dealer Won’t Tell You

Car Buying Advice

10 Things Your Car Dealer Won’t Tell You


7. They get Kickbacks from Your Loan When a dealership puts your information out there to different credit companies for a loan, what they are saying is “hey, we’re going to get you a great loan and get some money off it too.” One way to prevent this is to come into the dealership prepared with a pre-approved auto loan from another bank. This ensures that they don’t get the normal kickbacks (one or two percent) from the lending company.

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