Quote:
Originally Posted by CorsiHockeyLeague
... Which you can get just going to a bank, since that's where the dealership loans are coming from anyway.
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Not exactly. Dealers get way different programs than branches.
In most cases, I get rates from the bank, better than what they offer at the branch level. Dealers will commit to millions and get big rate discounts. In many cases, I have branch employees, finance through their own employer, with me doing the loan/paperwork here, because their branch can't touch it, even at staff rate. It's goofy, but it's just the way it is.
Secondly, RV loans can be done through dealers on 20 yr amorts. Most branches will only do 10. As asinine as a 20 yr amort is, a lot of people take them as it's the only way they can afford it.