Can a dealer mark up the % of on a loan as the wish?
03-21-2002, 07:52 PM
#11
There is a base rate set by the bank/leasing company. Yes, dealer can mark up beyond that.
Not unreasonable to have dealer make 1/4% to 1% - they are the supporting framework that allows the rates to be offered. Kind of like what the bank pays you for a savings account, vs what the bank makes on investing your money.
03-21-2002, 07:57 PM
#12
You really are a ball of anger, aren't you ? ;-)
You obviously push for any weakness/kindness/reasonablness the dealer shows - can you really expect them to treat you any different ?
Just as you want the lowest part of every part of the deal, they are going to go for the highest. It's not like you are going to give them any breaks to make a few extra dollars, are you ? Tit for tat.
Just as you want the lowest part of every part of the deal, they are going to go for the highest. It's not like you are going to give them any breaks to make a few extra dollars, are you ? Tit for tat.
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