RK74 $4000 Price Drop - Got the email this evening

[Grumpycat]

Do not know of a Financial Business financing motor vehicles who are engaged in illegal dealer kickbacks.

Me neither, because such payments are not illegal. Dealer sells financing to customer, dealer gets commission. Duh.

But it also works the other way. Zero percent interest usually requires the dealer to pay a fee to the finance company. Hence the dealer is rewarded to offer a lower price for cash. Nothing illegal here either.

Most require a dealer to buy back vehicles which they finance for a person with a sorry pay credit history.

When the finance company approves a loan the entire risk is borne by the finance company. When the dealer files your application the finance company replies with a rate commensurate with their expected risk. Or an outright denial.