Quote:
Originally Posted by MSDealer
The lenders know that rebates aren't real cash -- but they choose to ignore that. It definitely makes a difference.
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Chrysler Capital has generally scored true cash/equity down and rebates a little bit differently over the years but in March that changed, so now rebates are handled 100% like cash/equity, even in Chrysler Capital land. They've definitely been pushing for more looks and paper, new and used alike, so I guess they are going to try some different things.