Does this considered Tied Selling? If not is it even legal?

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Consumer Law

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A car dealership claiming to get me better interest rate if I buy extended warranties or some other add ons. But interest rates are calculated based on how risky is the investment. Wouldn’t it make it more risky if I take out larger amount of financing? Hence making interest rate higher? If I am being approved for lower interest rate at higher borrowed amount and shouldn’t that I be already approved for same interest rate for lower borrowed amount. (7.99 without extended warranties or add on and 2.75 with them)

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CentralizedOne

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Posted: 2 years ago
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