Forum Discussion
propchef
Nov 14, 2021Explorer
wing_zealot wrote:
Why didn’t you just get the credit union financing to begin with?
I was approved at my CU before I even stepped foot into the dealership. By using the dealer's financing I was able to get a better deal, in one instance it money off the top, and this last time they gave me more for my trade (yes I know it's a money shell game). The finance guys use the financing kickbacks to talk you into things like the extended warranty and ceramic coatings. "What if I tell you I can lower your payment AND you can have the ceramic coating!" Forget the coating and just give me the difference in the price.
The only drawback to this scenario is that often you can't refinance until the "official" registration arrives from the state, which can take 30 days or so.
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