On 11-27, I called the dealership and talked to someone about a holiday promotion they advertised on the radio. I talked to this person and explained to him what I was wanting to do. I also asked him if my bank was one of thier lenders, and he said yes. He said that he would be there when they opened the next day. Guess what? I showed up the next day and he was not there!
So, another person was helping me. I wanted the person I talked to on the phone to help me, so I wouldn't have to explain myself again. I proceeded to pick out a truck, filled out the paperwork, and waited for the salesman to hear back from the finance people. The finance guy came to me and showed me that he could get me a 10.21% interest rate. Told him I wasn't financing at 10.21% when my bank can get me a 5.25%.
Then he tells me that my bank wasn't one of thier lenders! Now this is after the guy on the phone tells me my bank was! I told him to give me a few minutes to call my bank. The bank tells me if they couldn't beat the 5.25% to call them back! As I was getting of the phone with MY bank, the finance guy tells me he can get me a 6.19% interest rate.
I asked him, how did he come down almost 4%, and who was the lender. He couldn't tell me who the lender was that was giving me that rate! I went to another dealer because he was trying to rip me off and they got me a 4.0% interest rate! What is wrong with that picture? They were trying to stick me with 2 1/2 times the interest rate than the dealer I went to the second time!
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