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How do you get a lender to negotiate a lower car price for you?



To the extent that the collateral value of the purchased item impacts the lender's overall risk, all lenders have an incentive to drive down the purchase price to reduce risk (since this reduces the difference between the loan amount and the collateral value).

The value of that risk reduction is relatively insignificant to the lender, but some offer services like that (car buying services) to help attract desirable borrowers.




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