Auto Dealerships Not Happy About Reform

 
Do you ever wonder when you leave a car dealership whether or not you truly got the best deal that you could have on your car and new auto loan? Did they ever say to you that “this was the best that they could do” on the price of the car, or that it was “the best possible rate” on the auto loan? Ever wonder if they were telling you the truth? Chances are that they were not an that you could have done better – but they are not going to tell you that or they are going to lose money on the deal. This however, is not your problem as you really do want the best terms for your auto loan, you just have to know where to look.
 
Well a new reform bill could change all of that – and the auto loan companies are not happy about it. The auto dealers want to be exempted from the bill saying that they should be grandfathered in, but lawmakers are not falling for it. They want complete disclosure from the auto loan companies so that the consumer can really see what it is they are purchasing. They want a new Republican bill passed that would not make them accountable or even have to report what is actually going on in their dealerships.
 
They say that even though they may not be able to offer the best deal, they should still be able to land the fish as there is too much competition for them out there now. Consumers feel that they should be able to get the best deal possible, and if the dealers can’t get that for them, they should be able to make up their own minds.

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