2 questions for you Tim.
1) why are some dealers interest rates much higher than others. For instance.... 5 yr at GM is around 1.5%. 5 yr at Jeep is 7%.
2) do dealers care about my debt ratio or do they just want to see my pay stub and see that I have good credit? The reason I ask is that since becoming a home owner I have been declined for anything I've applied for through the bank, no matter how minimal, despite being with them for all 30 years of my life, having about 50,000 equity in the house and having top notch credit. They just come back and say that even though I only pay 1/2 the mortgage that technically I'm responsible for all of it and that puts me over my debt ratio. When we were renting, they'd basically give me more than I asked for. Now they'll give me nothing. So since I'm looking to get a new car in the spring I'm wondering what they care about financially.
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