Hacker News new | ask | show | jobs
by altec3 2372 days ago
A few years ago my parents walked in to a Toyota dealership to buy a new Camry with cash. They were talked into financing it, bought it, then got home and realized they should have just paid cash. The next day they went back to the dealership to pay it off and the guy who gave them the loan was a huge asshole to them the whole time.
1 comments

Why would they go to the dealership to pay the loan off?
That’s seems odd.

Sometimes you get a better price when you get financing.

So you get financing, then pay the loan off the next month. And you pay it to the lender, not the dealership.

There’s usually a grace period to return the car.