CGeorge
Active member
Hello Fellow Telluride Companions,
I’m not sure if anyone else is having some difficulty with the dealers but I wanted to ask a question.
I contacted a dealer about purchasing the Telluride SXP by financing through my credit union and placing a deposit of $1k to order the vehicle. There telling me they have to do a “credit application” before placing an order for a car. I asked why, if I’m coming in with a pre-approval from my credit union they’ve already pulled my credit and will cut a check for the full amount of the vehicle. They keep telling me its there policy to place a order but it makes no sense. If I’m not financing the car through them why would they need a credit application. I feel it’s a form of cohersion on their part just to pull your credit to see if they can beat the rate offered to you by someone else. The problem with that is one this will decrease my score and stay on my credit for 2 years. Two, I’m getting 3% form my own bank I know for a fact they can’t beat it. Please tell me if this makes any sense and what I can do.
Thank You
I’m not sure if anyone else is having some difficulty with the dealers but I wanted to ask a question.
I contacted a dealer about purchasing the Telluride SXP by financing through my credit union and placing a deposit of $1k to order the vehicle. There telling me they have to do a “credit application” before placing an order for a car. I asked why, if I’m coming in with a pre-approval from my credit union they’ve already pulled my credit and will cut a check for the full amount of the vehicle. They keep telling me its there policy to place a order but it makes no sense. If I’m not financing the car through them why would they need a credit application. I feel it’s a form of cohersion on their part just to pull your credit to see if they can beat the rate offered to you by someone else. The problem with that is one this will decrease my score and stay on my credit for 2 years. Two, I’m getting 3% form my own bank I know for a fact they can’t beat it. Please tell me if this makes any sense and what I can do.
Thank You