grte@lemmy.ca to Canada@lemmy.ca · 9 months agoHow 'forced financing' makes some car dealerships more moneywww.cbc.caexternal-linkmessage-square11fedilinkarrow-up140arrow-down10
arrow-up140arrow-down1external-linkHow 'forced financing' makes some car dealerships more moneywww.cbc.cagrte@lemmy.ca to Canada@lemmy.ca · 9 months agomessage-square11fedilink
minus-squareyads@lemmy.calinkfedilinkarrow-up4arrow-down1·9 months agoNothing stopping you from getting the financing price and then just paying off the loan right away.
minus-squarecsfirecracker@lemmyf.uklinkfedilinkarrow-up20arrow-down1·9 months agoSome loans do have cost penalties for that, though
minus-squarepolarbear@lemmy.calinkfedilinkarrow-up5·9 months agoI’ve never heard of a car loan in Canada to be anything other than an open loan.
Nothing stopping you from getting the financing price and then just paying off the loan right away.
Some loans do have cost penalties for that, though
I’ve never heard of a car loan in Canada to be anything other than an open loan.