71.0k views
2 votes
Independent auto lots usually have ____ finance rates than dealerships

User Shobi
by
4.6k points

1 Answer

5 votes

Independent auto lots usually have higher finance rates than dealerships

Step-by-step explanation:

The finance rates that are charged by the dealers are lower than the finance charges that are charged by the independent auto. In case if you are getting financed through dealerships, you can also negotiate with them to charge finance rates and lower the charges of the finance.

But this negotiation and lowering of the finance rates is not possible with the independent auto lots and thus they charge higher rates compared to the dealerships.

User Adam Gibson
by
3.4k points