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Question about dealer financing

Established Member

Question about dealer financing

When you apply at a Toyota Financial or Honda Financial or Ford Credit and they say that you are pre-approved and you just need to take the certificate to the dealer, do you still have the ability not to get financed? I am just waiting now to hear from Toyota Dealerships on Financing rates because the Honda ones took so long.
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Frequent Contributor

Re: Question about dealer financing

IMO pre approvals are nothing more than junk mail. Anyone & everyone is preapproved until they do a credit check. Did you do the online preapproval? I have read people that have did the preapproval online with Honda and not got approved but went to dealership and was approved.  

Message Edited by Bran9192 on 06-20-2008 10:16 AM
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