Do Car Dealers Make Money Off Financing?

Auto dealerships make a lot of money off financing. Mostly, they act as intermediaries to connect their customers with banks and credit unions, earning either a flat fee for each loan referral, a percentage of the loan amount, or a portion of the interest. Some loans make a dealer very little, $100 or even less,…

https://www.nerdwallet.com/article/loans/auto-loans/dealers-profit-off-financing

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