http://www.quickdebteliminator.com/buying-selling/can-anyone-tell-me-what-participation-split-means-with-a-car-dealership-and-a-finance-company/ Call 888-653-9681 To Get Debt Help Now! Tue, 20 Mar 2012 16:05:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.quickdebteliminator.com/buying-selling/can-anyone-tell-me-what-participation-split-means-with-a-car-dealership-and-a-finance-company/#comment-1652 tisha m Wed, 22 Jul 2009 20:26:31 +0000 http://www.quickdebteliminator.com/buying-selling/can-anyone-tell-me-what-participation-split-means-with-a-car-dealership-and-a-finance-company/#comment-1652 In subprime lending there usually is no dealer participation the lender sets the rate at the max the state will allow in most cases. What you are talking about is a dealer will get a percentage of two or three points of the financing caharges depending on the bank most times they will get 70%. I dont get it why shouldn't car dealerships get paid for providing a service for you every other business does and we are not out thinking they are all ripping us off. In your case I am sure somebody told you about this and they only have limited knowledge of it. In subprime lending there usually is no dealer participation the lender sets the rate at the max the state will allow in most cases. What you are talking about is a dealer will get a percentage of two or three points of the financing caharges depending on the bank most times they will get 70%. I dont get it why shouldn’t car dealerships get paid for providing a service for you every other business does and we are not out thinking they are all ripping us off. In your case I am sure somebody told you about this and they only have limited knowledge of it.

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