Quote:
Originally Posted by 1Canuck
dealers get a kickback from finance companies. I had this explained to me by salesman who pressed that I finance with them and then pay it off in a month after they get their kickback
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Basically!
When I worked at a small independent dealer, we would charge $15 application fee to everyone who wanted to "run my credit and see what you can do." Not a single one of those people purchased a car in the 2 years that I was there. We didn't charge anything people we realized are actual customers.