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SWC TX | Yeap they make money by telling you the interest rate is 5% "based on your credit". Well its actually probably 2-3% from the bank and the dealership gets the other 2-3%. Both bank and dealership make the money.
I bought a new F-150 a year ago and financed it for 1 month in order to get $2500 off.
The worst part of the whole purchasing procedure is all the add on's they try to get you to buy when your settling up. Extending warranty, protection plans etc. They finance guy or whoever, gets a percentage of every package they make you add on and don't like it when you tell them no. | |
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