Agreed 110%. Often I read these articles and shake my head in disbelief @ how slanted and misinformed some of Tom’s articles can get. Sad because people read it and think the car business is shady as ever, when in reality the internet and multiple auditing as well as much stricter rules banking have made most Shady…

Its already happening - and has been happening for awhile now.

The main reason dealers do it is two fold - often the lender is closed but the customer wants to take the car, and the dealer wants the customer to leave w the car. Secondly, when it comes to lender decisions - if they know the customer is already in the car they are less likely to decline. You need smart finance…