Re: Car Dealer Said they LEGALLY have to do a Hard Inquiry Even if paying cash![ Edited ]
10-03-2007 07:49 PM - edited 10-03-2007 07:50 PM
you know actually now that i think about it all i had was a photo copy of the check and a letter of credit from wells fargo, of course they called wells fargo and made sure everything was cool. my point being i drove off the lot with a brand new 2005 jeep liberty from a five star dealership with a copy of a check, and they didn't pull my credit.
Dealerships-plural. Different parts of town, different companies, different manufactures, differerent corporate counsels giving the classes we were required to take before we went out on the floor.Like I said, you may find a dealership that doesn't follow the letter of the law, but it is the law.
Some less reputable dealerships will try and feed you the above line assuming the average consumer doesn't know any better. Unfortunately they don't.
Message Edited by Brammy on 10-03-2007 10:50 PM