07-15-2010, 03:48 PM
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#11 (permalink)
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Track Member
Join Date: Feb 2009
Location: San Diego, CA
Posts: 674
Drives: 2014 Porsche Boxster
Rep Power: 19
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Quote:
Originally Posted by dudafunk
Also Google around for that dealership on reviews, maybe they've tried this before too.
(I got a lot of results for yo-yo scams for my dealership, before I bought from them)
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Holy crap! I didn't realize it until now but my dealer did this to me  . They called me a week later and said that the loan was "only pre-approved" and that the terms have changed. Obviously, my reaction to the guy on the phone was "WTF?!" (literally). I went through they're finance department to get the loan, and I was happy with the results. But they called back and gave me some BS. I simply replied "that's BS I have excellent credit, I'm sure I can find an even better rate myself, give me a few days I'll call you back with a new lender." I got a call back a few hours later from the same guy saying " ok the lender has approved your current loan, nothing has changed, no need to re-sign anything". Wow, you learn something new every day!
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