What could be going on at the dealer?

Question

I received a flyer in the mail from Capital 1. The flyer said preapproved w/ no down payment. I called Capital 1 and they gave approval on the app. The dealer ran three apps on me with Cap 1. Two were approved and the last one was not. What could be happening at the dealership if Cap 1 has given the approval? AND the dealer is trying to get a down payment. Please answer ASAP

Answer 1

you are better off paying a down payment, your payments will be smaller, you will be paid off sooner, and you will pay less interest. Its a win win situation when making a down payment..

If youre approved for financing without one, yet the dealership wants a down payment, they just wont some money up front to pay the salesman his commission

Answer 2

I get them all the time-read the fine print. The dealership has to wait to get paid from capital one which I heard is longer than other loan places.  

Answer 3

idk but u can go to the link at the bottom and buy another car for like $300- $500

www.seizecars.com/?hop=1461d  

Answer 4

Because the flyer is a mass mailing that everyone gets that says they are approved.