Down payment refund on car Submitted by This_Neighborhood511 t3_10q9151 on January 31, 2023 at 8:09 PM in personalfinance 38 comments 0
htimsj t1_j6okpxh wrote on January 31, 2023 at 8:13 PM Your down payment does not get credited against the loan. The loan is the amount of the purchase price after deducting the down payment. The dealership gets the down payment from you and the loan proceeds from the lender. Permalink 6
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