this post was submitted on 07 Aug 2024
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[Dormant] Electric Vehicles
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They ask for financing early on so they don't waste time talking to someone who can't even buy a car. There are a lot of people who go look at cars that can't actually buy one.
You're right that they shuffle things around, but if you remove an entire revenue stream from the equation, you're going to get a worse price on the car than if you could get by financing through them. They can often offer the same rate that the credit union is offering, but they make a couple grand in kick-backs from the bank. They will sometimes use that kickback to offset the price of the car.