A car seller from Miami, Florida, is warning customers looking for zero down financing on vehicles to not hold their breath. The salesman, who posted his PSA on Green Light Auto Inc.’s social media channel (@green.light.auto), explained why this is the case.
“Today I had a client who walked into my dealership and wanted to do the no-money-down option,” he said. “I told him, 'That doesn’t exist here. Our down payments typically begin at 15,000' because I don’t like to waste people’s time nor mine. I know that zero money down at my dealership doesn’t really exist,” he says to his viewers.
The car seller continued: “So what happened was, we submitted the deal. Deal came back; it was like two grand down, which was still a good approval. And they’re like, 'No, I’m gonna go to another dealership. They told me I can do with no money down, or even $500 bucks, and I can drive off with a vehicle.'”
According to the dealership employee, these types of sales initiatives just aren’t available for car buyers in certain credit score brackets.
Car Salesman Blasts Zero-Down Financing As A Lie
