Aug 18 2008
Car-Dealer Tricks: The financing four-flush
Some car dealers have been known to call customers days or even weeks after they signed a purchase agreement to tell them that the financing fell through. “It’s a crock, they can check your financing in 15 minutes.”
The goal of these unscrupulous dealers often is to put you into a more expensive car — another red flag. “If you didn’t qualify for $299 per month, how would you qualify for $420?” To avoid this, you may want to have financing in hand before you head to the car dealer.
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