[Formulabruce]

I was young when I worked at the Pontiac dealership, and in service and new car unloads and set up. My Grandfather though already had in 50 years, and We worked at same dealer. I was told that the dealership paid added interest or maybe could have been a penalty on cars over that 1 year period. I think cars that were financed were only for a year. I know the dealership did NOT own all the cars outright. Force shipped ugly strippers especially. The grace period was 30 days paperwork, shipping. Many times youll see the date of "Draft" a month after the ship date to allow for this. There was different types of "ownership" I am not familiar with. I know many cars that were on GMAC had like nothing in interest till the trigger date in around 11 months. Much of what I learned happened because I got the duty to check off cars as they came off the haulers for damage and accessories in trunk, etc. After I signed the Bill of lading I had to go visit the sales manager where I got Some info as well. I'm not disagreeing , it all makes sense and Im sure it could be more complicated than I know. Class A, B, C etc, I wasnt schooled on, thankfully. Thanks John V for your input!!