Dear Friend!
A very valuable question
- indeed.
As the proverb goes,
there are no
free meals in this world!
Especially in the
finance world!
So, how does the finance
company survive?
Well, the product/ car
dealer passes on a part of the margin received from the product/ car
manufacturer to the finance company.
This small margin
sacrifice by the car dealer has created a win-win situation for both - both the
car dealer as well as the finance company could conclude one business
transaction, adding a bit to both the top and bottom lines.
Thank you,
With Best Regards,
Anand
