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Why do car dealerships exist?

Don't know anything about that. Car loans are in my past.

But as someone who was ALMOST taken by some hidden junk in a loan many years ago, there is a pretty simple way to explain it to the guy handling the financial papers:

"Look, $XX,XXX is the price plus tax, tag and delivery. This loan amount says $XX,XXX+$Y,YYY. Make the "total amount financed" say $XX,XXX or there is no deal."

Those three sentences saved me $4,000 back in 1988.
 

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