Refinancing before 3 months

[u/brrent]

I recently financed an Ioniq 5 and the dealer told me I can't refi for 3 months. But now that I'm starting to get my ducks in a row for a refi I'm learning that's not true, and that I can technically refi but that salesman will lose his kickback.

I recently asked the salesman for some documents for my refi and asked what date I'm allowed to refi so he doesn't lose his kickback and he sent the docs but won't answer the question about the date.

Should I still wait the 3 months? I don't want to screw him out of a bunch of money.

[u/11I1I1]

Wth documents do you need from the dealer to refi?

[u/brrent → u/11I1I1]

Bill of sale

[u/11I1I1 → u/brrent]

You didn't get a copy??

[u/brrent → u/11I1I1]

I guess not. But now I have one…. Is that bad?

[u/BiggestmanBlastoise]

If you got a good deal from financing and had a good experience, let the 3 months happen. That's where a lot of dealerships make their money on the front end.

[u/brrent → u/BiggestmanBlastoise]

Yeah, I got a crazy good deal. Okay I'll wait then.

[u/BiggestmanBlastoise → u/brrent]

You rock. The amount of interest won't even touch the money you saved and your finance person will love you for it.

[u/brrent → u/BiggestmanBlastoise]

That's what I figure. I'm looking at saving like $20/month for two more months and he really got me the lowest price.

[u/Dopeshow4 → u/brrent]

$40 bucks to help someone out that got you a great deal...seems like the right thing to do.

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[u/AutoModerator]

Thanks for posting, /u/brrent! This comment is a copy of your post so readers can see the original text if your post is edited or removed. This comment is NOT accusing you of anything.

I recently financed an Ioniq 5 and the dealer told me I can't refi for 3 months. But now that I'm starting to get my ducks in a row for a refi I'm learning that's not true, and that I can technically refi but that salesman will lose his kickback.

I recently asked the salesman for some documents for my refi and asked what date I'm allowed to refi so he doesn't lose his kickback and he sent the docs but won't answer the question about the date.

Should I still wait the 3 months? I don't want to screw him out of a bunch of money.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/yungcurryboi]

If you don’t want to screw him out of money, wait 3 months.