spenchey
Well-Known Member
- First Name
- spencer heywood
- Joined
- Mar 31, 2019
- Threads
- 2
- Messages
- 519
- Reaction score
- 722
- Location
- spirit lake iowa
- Vehicle(s)
- every gladiator you could want
- Thread starter
- #31
To the financing question,
I see there are some other dealers offering that.
Can we do it? Yes. Do I want to? Not really. Why?
Its really a game they are playing with you, they lower the price of the Gladiator and raise the rate on the loan which the bank will give them a kick back for and hope you don't walk out the door and go re-finance that gladiator right away. If you do refinance it within their specified time period the dealer loses the kick back.
I'd rather not play games with customers like that and just offer them a straight up deal on a truck. Can our banks compete with other banks, yes, and i'd be more than happy to make them compete for your business when the time comes for delivery on your gladiator. Maybe my deal isn't for you and maybe it is, i'd love the opportunity to earn your business
I see there are some other dealers offering that.
Can we do it? Yes. Do I want to? Not really. Why?
Its really a game they are playing with you, they lower the price of the Gladiator and raise the rate on the loan which the bank will give them a kick back for and hope you don't walk out the door and go re-finance that gladiator right away. If you do refinance it within their specified time period the dealer loses the kick back.
I'd rather not play games with customers like that and just offer them a straight up deal on a truck. Can our banks compete with other banks, yes, and i'd be more than happy to make them compete for your business when the time comes for delivery on your gladiator. Maybe my deal isn't for you and maybe it is, i'd love the opportunity to earn your business
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