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      03-28-2008, 09:32 PM   #1982
Enlisted Member

Drives: 996 C4
Join Date: Mar 2008
Location: somewhere

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Seems to me that the dealership is just trying to pressure Dooma to use the dealerships own in house financing or leasing. They again repeat the need for him to provide credit details and so forth. They don’t any of this. They need to wait for the leasing company to contact them. Lease Compare takes a minimum of three days to process the deal. The lawyers know this and so does the dealership. I think they may be trying to use this delay for their own ends.

You have to remember that the sell price is only one stream of revenue for a dealership. Another stream is the financing of the car. The dealership gets a bank buy rate on leasing and financing. Anything over that buy rate and the dealer gets to keep that as profit on the deal. Also the more the dealership does with the same bank the better the deals the bank will make with the dealership.