When you meet the sales rep tell me that I have to pay 697.00$ for a car proof, car clean up, lien search, etc.? Then we finally agree on a price for the used vehicule, I have to see the credit director. Actually, I must see. I am being told that I pay cash or if I have my own financing, the price of car is 997.00$ more. They get a commission from the bank to bring them clients. No problem about that.
The trick is the following. They try to sell you : life insurance, car insurance, car taging, etc. On each of these product they make a commission.
48 hours after having agreed on to purchase the said car, the credit application has not even been submited to a financial institution ?
I forgot to mention that they try to make me agree to pay 1% more than the current interest rate generally going on the market. And so, before having a look at my credit. One Have to understand that 1% during the term of the loan, represent 1000.00$. So they get a higher commission from the bank.