Question by rage: Why does the Finance Manager at auto dealership lie by saying buyer must wait 3 months before paying off loan?
The dealership offers $ 1000 incentive to finance the purchase of a new car thru the manufactures finance company. There is no early pay off penalty. Does the dealership finance manager get a “kick-back” from the finance company by telling the the buyer he must wait a few months before paying off the loan?
Best answer:
Answer by cmccarty232000
The longer you keep the loan the more money they make off of you. He may get a cut.. If not mayhap he is just an idoit.
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