Being in the car finance business. I must disagree with Robert. If you have good credit, you will get a better rate from your own bank or credit union then you will from a dealership.
Plus this will put you in the drivers seat when you go in to purchase your next vehicle. A couple of tips.
1. Do not reveal that you have your own money until you have agreed on the lowest price for the vehicle. The reason for this is that dealers make money on the loans that they provide and if they think you are going to finance with them? You will get t lower purchase price.
2. Do not be afraid to walk out if you do not think you are getting a good deal. Dealers will always come up with a better offer if they think a customer is going to walk out.
Now having said all ove the above, if you do not have good credit, then Robert is correct.
I am really interested in an auto loan?
financing through a dealership is usually a lot cheaper than the interest on a bank loan, just go through the dealer, they will take care of the bank themselves, and charge a lot less interest.
I am really interested in an auto loan?
how much do u need
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