Quote:
Originally Posted by CollinsE90
i was just about to say that, the interest differs from time to time but it all adds up the same...im guessing she got the car from the dealer on like a .9% special, but they got their money up front, and thats why the who 0-1% deals are a joke and people fall for them
you might get super low interest, but they add the couple thousand to the sale price to make up for the low interest...dealers get their money regardless, just put a bow on top to make people think they are giving you a deal
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not always, depends on alot of things.... when they have APR specials sometimes there's no cash alternative... it's just an APR special to get people to finance more.
(i.e. hey it's 1% interest, I'll just finance everything! - as compared to down payment of 10-20%).