Nov 8, 2020 ... Car dealerships don't give out loans because they're nice. They do it to make more money off of you. There's nothing wrong with that if ...
Jan 4, 2012 ... 2) The dealerships make an average profit of 38% on each sale, more than double the profit margin of conventional retail car chains. The ...
Oct 18, 2022 ... Markups are charges dealers add on top of the interest rate when they arrange financing. The Equal Credit Opportunity Act makes it illegal to ...
Nov 2, 2022 ... ... car: getting a loan from the dealer or getting outside financing. Many dealerships make most of their money from financing your loan ...
Feb 6, 2021 ... So I was wondering how much money do these guys make for insurance (and/or financing). And why would they deny a car sale just because of it.
Jul 18, 2022 ... Many Americans Are Overpaying for Their Car Loans · Should You Get ... would make the car-buying process “much more complex and inefficient.
Jun 23, 2022 ... This deal deception can include the cost of a vehicle or the terms of financing ... It would also require dealers to make disclosures about ...
Nov 6, 2014 ... “Will the bureau try to make finance companies a cop for dealers' pricing of ancillary products? ... making too much money,” he said. “… We bring ...
May 19, 2021 ... ... car dealerships to make up for lack of rentals during the pandemic. ... It's absolutely insane how much more money is YOURS when you don't have ...
Oct 7, 2014 ... ... dealerships don't make money from new car sales. They make money from selling spare parts, service and financial products like insurance ...
Apr 29, 2021 ... ... financing deals on new cars which bring the total cost down. ... Those made it worth it to me to spend the extra money to buy new. My ...
Dec 15, 2022 ... Many dealerships offer to make the process one quick transaction, but that makes it easier for dealers to hide fees and maximize their profit.
Oct 27, 2022 ... Even if a creditor was willing to make an unsecured auto loan ... car loan as it was a hybrid loan that included financing for GAP coverage.
Jul 12, 2022 ... ... dealer of any "motor vehicle" as defined above to: make any misrepresentation in the purchasing, financing or leasing of a vehicle; fail to make ...
Nov 14, 2022 ... ... loans on its own balance sheet, Liegl explained. Instead, it earns money from banks, credit unions, automakers, dealers and other financing ...
Sep 23, 2019 ... Once customers arrived at the dealership, Becerra says the company would lie about how much money a potential borrower earned each year to ...
Aug 25, 2022 ... ... make ZEVs available to ... Owners will also see 10-year savings from 2026 model year battery-electric vehicles, though not quite as much.
shipping, storing, building and prepping a bike, many are sold at A LOSS TO THE SHOP. BIKE SHOPS DO NOT MAKE MONEY ON BICYCLE SALES. Shops make their money on ...