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Message: [QUOTE="Black_Lightning91, post: 209049, member: 2972"] I agree with Mike that extra $500 is usless if it goes back in intrest. They want you to fin because when you do if anything happens afterwards to put you in a bind i.e. you lose job, illness or death in family, not only do they got your $$$ they now get to come get your truck and sell it to someone else. Also the banks can loan out up to $10 for every $1. To say they don't take full advantage or even sometimes abuse this power would be naive. So you bought a $56,000 truck and fin that amount. Now the bank goes in and buys that title for $5,600 actual cash investment and lets you pay thes rest while they hold the title over your head. Wait wth? I'm paying them ten times their investment plus intrest? Since I know someone will say well the dealership has to get their money too, Do you really think any dealership has the 5-6million to own the titles of all those vehicles on a lot. Nope bank owns them dealership pays a monthly amount just like you to keep it on their lot to sell. Like if you purchased a truck for $46,000 paid payments for two or three months and sold for $54,000 you made a couple grand. This is how this process works as far as I understand, because they won't tell you exactly how it works cause it how they make money lol. Like how they figure up your credit score is top secret. edit I do not trust banks as they are an business thats sole source of income is charging you to use your money. You get a loan, you still have to pay that $XXXXX but now you also gotta pay this guy over here $XXX cause he let you buy it before you had the cash in hand. Say you keep your $50,000 savings in the bank well now they loan your money out x 10 and make ridiculous profit back. It's a business built around robbing you of your money or making a lot off your money through using it to invest. What happens when they invest too much of other peoples money. Housing market crash, great depression ect ect. Do you think the wealthy owners of the banks that caused these problems suffered any? No they were on vaction while the people they made the money off of starved or were homeless. So I refuse to do business with any bank. This is all my opinion as I can neither prove or disprove any of it cause they just won't tell you. To the OP I suggest you pay chash up front and skip all the BS involved with getting a lousy $500 or whatever they are offering to fin. Goodluck and good day [/QUOTE]