Quote:
Originally Posted by TurtleBoy
That is not accurate. There are no prepayment penalties for the borrower. If you don't make at least three payments then the dealer is charged for any incentives but it doesn't affect the buyer.
|
Thanks this is good to know. It wasn't the finance guy who made the statement, it was a relatively inexperienced CA who I casually asked as I was leaving. Thanks for clearing that up.