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pwm88
Guest
Typically I would say that the car dealer hope they could squeeze alittle money from us by using their financing packages when buying their cars.
Generally, if we tried to bargain for a good car price, the car-dealer would lower the price BUT increase their loan rates hoping to offset the difference.
Now suppose if I have bargained for a good car price while I am obligated in using their loan packages, can I pay the whole balance amount of money the next day(if I have enough cash) ??
Question is... is there is something I should watch out ? such as if there is a pre-payment penalty typically used by car-dealers ?
Thanks.
Generally, if we tried to bargain for a good car price, the car-dealer would lower the price BUT increase their loan rates hoping to offset the difference.
Now suppose if I have bargained for a good car price while I am obligated in using their loan packages, can I pay the whole balance amount of money the next day(if I have enough cash) ??
Question is... is there is something I should watch out ? such as if there is a pre-payment penalty typically used by car-dealers ?
Thanks.