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Fire Sale: 2010 Models Dealers Are Desperate To Get Rid Of

Old Oct 16, 2010 | 03:40 PM
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Default Fire Sale: 2010 Models Dealers Are Desperate To Get Rid Of

If you learn only one thing about the car buying process, car shoppers, let it be this: dealers don't own the cars they sell. They're making payments on them, just like you will be if you buy. A dealer's loan, of course, is much more complex than the one you will probably take on if you buy the car. It's called a "floorplan loan," and it involves...





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