I am considered prequalified but not for the car I want, how come?
It's 11 years old. Finance companies don't like to finance vehicles much more than 6 years old. By the time this Buick is paid for it'll probably be ready for the junkyard, if not before. Finance companies also don't want to be stuck with a vehicle that has broken down and the owner has walked away from it and their responsibility to finish paying for it! Hope that helps! Jim
Prequalification has lots of conditions. Price of car, age, miles and other factors. Obviously your choice did not meet all the conditions of the loan.