ropeguru
Premium
join:2001-01-25
Hollywood, FL
clubs:
| reply to FlexBaud
Re: [Help] Dealership Cosigning????
This sounds like to me that the dealership is desperate to offload their inventory. They probably received word that the loan was denied and offered to cosign.
I am assuming from what is written that there was no other down payment needed as it will be the dealership's responsibility for the loan if the buyer does not pay. Just as when a parent cosigns for a child when they don't have their credit built up. |
