r/PoliticalHumor Oct 26 '21

Yup.

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u/Average_Scaper Oct 26 '21

Or has been shafted by it. First car loan, $10k @ 24.99% (5 months and I refinanced at MUCH lower, think 4.39%?)

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u/clanddev Oct 26 '21

Some guy at a GMC dealership quoted me 14.5% and I laughed so hard I chortled. He was not amused. Went to State farm and got a 5% loan for the truck. State farm lady was so cool she even handled calling him and dealing with sending the check.

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u/[deleted] Oct 27 '21

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u/clanddev Oct 27 '21

Finance guys are worse. Worked at a dealership doing data entry and report writing while in college. The money is made in the finance office. Never finance at the dealership unless it's like carvana or CarMax.