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Can a new car dealer finance a new car purchase?

Updated: 9/10/2019
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13y ago

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Yes, new car dealers can finance a new purchase. Many dealers work with multiple banks to help find financing for their customers.

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Q: Can a new car dealer finance a new car purchase?
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Related questions

What is the best way to finance the purchase of a new car?

There are many ways to finance a new car. One option is to finance through the dealer as they occasionally offer no interest loans. You can also check at your local bank for a loan.


What companies offer ways to finance a new car?

You can obtain financing for a new car purchase from a variety of sources such as banks, credit unions, online finance companies. The selling dealer will also have access to seller financing from sources such as Ford Motor Credit, Toyota Motor Credit, etc.


If someone buys a new car and bring it back to the dealer with one hundred and fourth four miles on it is that car then a used car?

If you purchase a new car, it is "used" as soon as you drive it off the dealer's lot.


Where can one purchase a new Nissan car?

One can go to a local Nissan dealer to purchase a Nissan car. One can locate a dealer by going to the Nissan website and looking for desired locations.


In New Jersey how many days to you have to return a new car you purchased from a car dealer?

Read the contract that you signed when you made the purchase


Where can one purchase a brand new Hyundai car?

If one is wishing to purchase a brand new Hyundai car it can be done at the nearest Hyundai dealer. The Hyundai website allows one to enter their location to assist in finding a dealer that is nearby.


What can some one do if the dealer were he finance her car went out of business and he haven't pay off his car?

There isn't anything you would need to do. You still owe the money and will need to continue paying. A bank or something similar may buy the rest of your loan from the dealership. If that happens it will be their job to notify you.-------------------------------------------------------------------------------------------------It is not usually the dealer which actually provides the finance, it is a finance company that is separate from the car dealer.When you purchase the car and take out finance, the finance company pays the dealer in full what he is owed and you then repay the finance company.If you look at your finance documents closely, they should tell you this.You should therefore continue to pay for your car as you were doing before the dealer went out of business. However, for your own protection make sure that you get a receipt (proof) that you have made each payment. If you are notified in writing to change your payments to a new company do this if the paperwork matches what you had before.If you are in doubt at all, go and see an attorney (lawyer).


Getting out of a new car purchase?

Once you have signed the paperwork and driven it off the dealer lot it is nearly impossibly to get out of the purchase.


Car you return a new car after a purchase?

You can of course return it but the dealer can refuse to take it back and in 99.9% of the time would refuse. After all the car is now a used car and cannot be sold as a new car any longer. The cooling off period law does not apply to the purchase of a vehicle new or used.


Can you get a discount off a new car if you pay cash?

just the opposite. If you finance the car through the dealer, he will realize a portion of your interest payment so the possibility of a discount is there.


Can you return a new car after just leasing it?

There is no right to rescission on any contract involving the purchase or lease of a vehicle. However the leasing dealer may allow you to cancel the lease with a penalty of course. You need to contact the dealers finance officer.


Where might one go to purchase a new car online?

One can purchase a new car online by going to the dealer's website and ordering from them. Autobytel is a website that one can obtain a quote for a car and then email the details to a dealership or third party.