brettmess24
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- Dec 13, 2014
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My dealer said to me that he bought down the rate and the bank offered the extended warranty *4 years 48K miles. Do you think I need to cal him out on this and see if my payment would have been cheaper without that?
Straight up lying to you! Yes someone should call him out on his practice.
You can’t buy down an auto loan rate it’s not a mortgage(although terms are getting close) and yes your payment is less without and extended warranty. Ask him who’s money he used to “buy down your rate” with and how many points? See if he has an answer and report back.
This has always bothered me! “Your Payment will be X mr customer and the great thing is that includes gap, LLP and an extended warranty that is the Payment that works for you right?”
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