Off limits manufacturers

[attrapereves]

Originally Posted by BLKHILLSGUY

Actually Kia and Hyundai will give a subprime loan out to anything with a pulse. I think people who can't afford Japanese or American cars go to Kia/Hyundai for a guaranteed loan.

I'm not sure where rumors like this crop up. Most car dealers, regardless of manufacturer, use several different lenders.

My GM loan was through a local bank, my Mazda loan is through Chase. And my Toyota loan is through Commerce Bank. It all depends on interest rates. But I have good credit.

Even if you have pretty bad credit, any car dealer will try to work with you.

[BLKHILLSGUY]

Originally Posted by attrapereves

I'm not sure where rumors like this crop up. Most car dealers, regardless of manufacturer, use several different lenders.

My GM loan was through a local bank, my Mazda loan is through Chase. And my Toyota loan is through Commerce Bank. It all depends on interest rates. But I have good credit.

Even if you have pretty bad credit, any car dealer will try to work with you.

Our local Kia dealer works with a company that makes cold sales calls. A family member had just filed bankruptcy and the Kia dealer was promising guaranteed financing. Their own sign at the large Kia dealer says if you filed bankruptcy, no big deal, we'll get you J to a new Kia. And of course any trailer park I drive through is full of old cars and new Kia's and Hyundai's. Hence, that is where I get my info. I've never heard of Toyota cold calling people with piss poor credit begging them to get into a new car. But Kia does that.