Beware!!! When you go to this dealer, they require that you MUST put a $500 deposit on any car of your choice in order for them to see if you will receive a loan. BE CAREFUL - the paperwork that you sign specifically says that the deposit is non-refundable, but the salesman will tell you: "don't worry about that, we only keep $75 if you are not happy with the terms and agreements or if you don't receive a loan" &
Bullsh*t, they make sure that you get a loan at a ridiculous rate (50% interest) and they NEVER refund your deposit when you tell them that the rate is ridiculous. Also, if you try obtainining your own loan independently, the local banks do not honor their business.
You are better off going to DiFeo (down the block), or another real dealer who will run your credit without taking any deposit.
If they get 5 suckers a day, they've already made $2,500. If you actually go through with the loan, they get about $4,800 per customer. Beware!!!
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