From what i know Mazda Financial subs out only to Chase and they had the 0.9% Promotion which we were eligible for but the dealer said we did not qualify. To make more money they decided to use Capital One. I didn't want to look at other lenders because i thought i was going through Mazda...
We were told it would be under Mazda Direct. We weren't happy with the rate but sounded like we had no choice, didn't really want to go look around for other lenders. We were approved at 2.9%, but i just applied online through Mazda and got 0.9%.
I purchased a CX-5 on September 2nd, I thought the financing was going to be through Mazda Financial and i never approved the loan to go through Capital One. I got the welcome letter from Capital One today, is there anything i can do?
I had a bad feeling with the dealership the whole time...