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Idenity Lost
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<blockquote data-quote="dannyboy" data-source="post: 329843" data-attributes="member: 484"><p>Bait and switch was a great way for the car dealers to make some extra cash on a sale.</p><p> </p><p>They would tell you you are approved for the loan at say 6%. You drive off in the car, come back (in my case almost a month later) to find out that the extra low finance rate had expired, or you pick the reason, but now its 13%.</p><p> </p><p>Ive also had one when I bought my spray truck tell me I was precertified at 6%, only to find out that was through the bank, and the bank does not finance commercial vehicles. (almost none does apparently anymore) And they tried to get me to agree to a higher loan rate. </p><p> </p><p>I am like the rest. I like knowing what I am going to face in the next few years up front. I hate suprises. Besides, you know up front what you have to spend, not the car dealer. Its like having the cash in your account. Or buying with cash. It really gives you extra clout and lets them know you are not just kicking tires.</p><p> </p><p>d</p></blockquote><p></p>
[QUOTE="dannyboy, post: 329843, member: 484"] Bait and switch was a great way for the car dealers to make some extra cash on a sale. They would tell you you are approved for the loan at say 6%. You drive off in the car, come back (in my case almost a month later) to find out that the extra low finance rate had expired, or you pick the reason, but now its 13%. Ive also had one when I bought my spray truck tell me I was precertified at 6%, only to find out that was through the bank, and the bank does not finance commercial vehicles. (almost none does apparently anymore) And they tried to get me to agree to a higher loan rate. I am like the rest. I like knowing what I am going to face in the next few years up front. I hate suprises. Besides, you know up front what you have to spend, not the car dealer. Its like having the cash in your account. Or buying with cash. It really gives you extra clout and lets them know you are not just kicking tires. d [/QUOTE]
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