Differences in Dealership percentage rates

Asked by Newride9300 Aug 18, 2024 at 08:16 AM

Question type: Shopping & Pricing

Is there a steep difference in finance departments between Nissan and Kia?
We got a price quote for 2024 Nissan Pathfinder at an 8.99% APR but then
when we got a quote for a 24 Kia Sorento their APR was 16.99%! How does
that happen? Just two different banks? I guess I figured if my credit got me
an APR of 8.99% for one car it would at least be somewhat similar for other
cars...?
Does this also mean ANY Kia dealer I visit will give me that same high
percentage rate?

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