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Car dealerincentives for new vehicles can relieve some of the financial hit. But if new car rebates and other incentives have you on the fence, a better understanding of what’s really going on should help. While buying incentives are widely available, they may not be the deal they appear to be.
One common question that arises among buyers is, “Why didn’t the dealership use my Chase Bank pre-approval?” Understanding Pre-Approval Before diving into the reasons your pre-approval from Chase Bank might not have been used, lets first clarify what a pre-approval is. What To Do Next?
Research DealerIncentives and Rebates: For new cars, manufacturers often offer incentives or rebates that can significantly reduce the price. Pre-approval from a bank or credit union can give you a better idea of what you can afford and may offer leverage during negotiations.
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