Originally Posted by
Buster
I very much doubt that you have to hold onto the loan for the full 6 months. What is probably happening is that the broker desk at their funder has a holdback on the loan and they claw back the dealership's commissions if you pay it out.
Here's what I would do: check the fine print on the loan to ensure there are no early payment penalties. There shouldn't be as Canadian law makes that very difficult on auto loans. Then I would arrange my own loan ("HELOC that shit playa!"). Then I would take possession of the car, and pay it out the next day. You get the car, a low rate, and most importantly you get to fuck over the dealership.
Also, your salesperson has a nose ring and an anthropology degree....maybe we found Kert?