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A simple Answer TO yOUr Question

Do car dealers mark up the interest rate?

Yes. When a dealer arranges your financing, the lender offers the dealer a wholesale rate called the buy rate. The dealer then adds a markup, typically 1% to 2.5%, and quotes you the higher rate. The dealer keeps the difference as profit on every payment you make. This is called dealer reserve, and it is one of the most profitable parts of the car business.

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My experience with Vantage has truly been exceptional. The group’s streamlined purchasing process and attention to personal needs is highly commendable. I will surely be taking advantage of their services again.

My experience with Vantage has truly been exceptional. The group’s streamlined purchasing process and attention to personal needs is highly commendable. I will surely be taking advantage of their services again.

Debra Sullivan

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Chris Decker

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Cannot say enough good things. Highly recommend David Goldstein. He actually made buying a car a pleasant experience!! I will never step foot in a dealership again!

Cannot say enough good things. Highly recommend David Goldstein. He actually made buying a car a pleasant experience!! I will never step foot in a dealership again!

Dana Wolff

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Leased a brand new VW Tiguan for my daughter’s 17th birthday. Great pricing! Excellent service! No problem. Will recommend and come back when lease expires. Great job!

Leased a brand new VW Tiguan for my daughter’s 17th birthday. Great pricing! Excellent service! No problem. Will recommend and come back when lease expires. Great job!

Robert Kogan

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Best buying experience I have ever had!!! Sean took care of me through every step, no waiting around and NO DEALERSHIP! I have bought over a dozen cars in my lifetime and this was by far the way I will do it from now on!!! Keep up the great work Vantage you guys rock 😁

Best buying experience I have ever had!!! Sean took care of me through every step, no waiting around and NO DEALERSHIP! I have bought over a dozen cars in my lifetime and this was by far the way I will do it from now on!!! Keep up the great work Vantage you guys rock 😁

Tom Rich

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Had an Amazing experience with Vantage Auto Group & David Alessio! This was the first time using them. I didn’t have a clear Idea of a car we wanted but needed to stay inside a budget. I was referred by a friend to not waste my time with going to multiple dealership to play the negotiating games. David gave us some recommendations, did some pricing and then came back with an amazing find and deal right under budget. 24 hours later they delivered the car, I signed the paperwork & everything was seamless. They returned my old lease and plates to DMV. Door to door service with no hassle or dealership games. Will def use again in the future! Thank you again!

Had an Amazing experience with Vantage Auto Group & David Alessio! This was the first time using them. I didn’t have a clear Idea of a car we wanted but needed to stay inside a budget. I was referred by a friend to not waste my time with going to multiple dealership to play the negotiating games. David gave us some recommendations, did some pricing and then came back with an amazing find and deal right under budget. 24 hours later they delivered the car, I signed the paperwork & everything was seamless. They returned my old lease and plates to DMV. Door to door service with no hassle or dealership games. Will def use again in the future! Thank you again!

frank farella

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I rarely write any reviews, I do find it necessary that I write one this time.I haven't purchased a new vehicle for quite some time. When I decided to move forward I dreaded the thought of having to go through the process of dealing with multiple dealerships, gathering quotes etc. and having to deal with pushy, non-transparent sales and finance people. Don't get me wrong, not all dealerships are that way or have staff looking to make big profit margins. If you've bought or leased any vehicle, you know those sales and finance guys are out there looking to make the absolute most profit possible. They get you going this way and that way. That's their business, to make money, I get that but the frustration, time and effort just isn't worth it to me.So, with that said, I was told by Brandon an employee of Vantage Auto Group to give them a try. Tommy C. was my contact and I have to say, from day one this was the best experience I had ever had with purchasing a new vehicle. No hassle, no frustration, no running back and forth to dealerships. Everything was taken care of with the utmost professionalism, transparency in order to satisfy the customer (Me). Aside from a minor setback which was corrected immediately, Tommy came through with the new truck that I was looking for. Hassle free, I received delivery even with a little parting gift which was very much appreciated.I am 100% satisfied and would highly recommend using Vantage Auto Group for your next lease or purchase of a new/used vehicle.Thanks again Tommy and All at Vantage Auto GroupA Happy customerAndy

I rarely write any reviews, I do find it necessary that I write one this time.I haven't purchased a new vehicle for quite some time. When I decided to move forward I dreaded the thought of having to go through the process of dealing with multiple dealerships, gathering quotes etc. and having to deal with pushy, non-transparent sales and finance people. Don't get me wrong, not all dealerships are that way or have staff looking to make big profit margins. If you've bought or leased any vehicle, you know those sales and finance guys are out there looking to make the absolute most profit possible. They get you going this way and that way. That's their business, to make money, I get that but the frustration, time and effort just isn't worth it to me.So, with that said, I was told by Brandon an employee of Vantage Auto Group to give them a try. Tommy C. was my contact and I have to say, from day one this was the best experience I had ever had with purchasing a new vehicle. No hassle, no frustration, no running back and forth to dealerships. Everything was taken care of with the utmost professionalism, transparency in order to satisfy the customer (Me). Aside from a minor setback which was corrected immediately, Tommy came through with the new truck that I was looking for. Hassle free, I received delivery even with a little parting gift which was very much appreciated.I am 100% satisfied and would highly recommend using Vantage Auto Group for your next lease or purchase of a new/used vehicle.Thanks again Tommy and All at Vantage Auto GroupA Happy customerAndy

Andy Weber

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This was the best experience i've had in buying a car. it was painless, easy and i know i got a good deal. Thank you Elka for making buying a car a great experience and one I no longer dread.

This was the best experience i've had in buying a car. it was painless, easy and i know i got a good deal. Thank you Elka for making buying a car a great experience and one I no longer dread.

Orly Steinberg

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Julie radice

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