Epic Contributor
Posts: 28,006
Registered: ‎10-23-2007
Re: I'm a little suspicious of the Capitol One Blank Check -- can anyone vouch?

Conniewv wrote:

As a matter of fact, I did buy a new car today (2013 Subaru Forester).  The finance manager beat Capitol One by half an interest point with Chase.  The Capitol One Blank Check thing is legit.  However, the same finance person told me that in terms of paperwork for the dealership it's a real headache and that it can take 2 to 3 business days before everything is approved.  She said that while some dealers may let you take the car before the paperwork is all approved, most will not.  I'm quite sure that without the Blank Check, I'd have gotten a worse rate.


Congrats and glad in the end it worked out because I think this girl is completely WRONG!

I can't tell you how many dealerships will run you down with your "new" car just to get you to drive it off the lot and home with you especially if trading in a car!!! Dealership HATE to see a person leave... to many things can fall apart.

I have used the blank check and I don't dispute that it's prbably a headache for dealer and yes it does take 2-3 days to finalize but otherwise i have not heard of it then coming back no to pay out.

anyway, no worrying about it now because you got better!

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