What do you mean by spot delivery?

What does a car dealership mean by spot delivery? A car salesperson mentioned this and I don’t know what this means.

“A spot delivery is when a buyer purchases a vehicle and takes it home the same day. Spot deliveries are a common dealership practice that is often seen as unethical and even illegal in some states.
With a spot delivery, your dealership allows you to take home your car without receiving a loan approval or denial. This means that if your loan application is denied, you must bring back your car or renegotiate your contract (often with unfavorable terms).
Protect yourself from a spot delivery by waiting to receive your loan application decision before driving home.
Once you get a good price for your new car, keep in mind that lenders will require full coverage. The higher the coverage, the higher your car insurance rates, but that doesn’t mean you have the empty your pockets for the proper coverage. Try using the Jerry app to help you save money. Jerry compares rates from 50 of the top providers and delivers the best deals to your phone in minutes for free.”
Rachel Juillerat
Answered on Sep 10, 2021
Rachel Juillerat has her Master's in Publishing & Writing from Emerson College. You can view her work in the Independent, Cupid's Pulse, and the Penmen Review. She has worked in personal finance for five years before transitioning to insurance. She lives in Boston, where she spends her time exploring small New England towns, learning new skills, and napping through her cat's zoomies.

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