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Old 07-12-2008, 03:03 PM   #14
theholycow


 
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Drives: '02 GMC Sierra, '80 Lesabre
Join Date: Mar 2008
Location: RI
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I suspect that KarlChev thought it was standard practice for the industry. I thought so. I'm surprised to hear that it's not.

I'm curious, does Newman make money on financing?

If not, why? I'd guess any or all of these reasons:
- To be able to offer the best financing options to customers
- Possible moral issue about conflict of interest
- Lack of decent banks offering such rewards

Doesn't GMAC financing offer that to dealers? Nobody can fault a dealer for wanting to sell manufacturer financing whether or not they get paid for it...
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