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> Most new car dealers make more money from their service center than sales. And from the "finance reserve." If Toyota Financial Services approves you for an
by elliekelly 8y ago
> Most new car dealers make more money from their service center than sales.
And from the "finance reserve." If Toyota Financial Services approves you for an autoloan at 3% the dealer will tell you're eligible for 5% - and they keep the difference.[1] That can really add up over the life of the loan. And why it's important to read your TILA disclosures.
[1] http://www.realcartips.com/carloans/220-how-much-dealers-make-car-financing.shtml http://www.realcartips.com/carloans/220-how-much-dealers-mak...