Anonymous
11/18/2013 01:27
Subject: Re:how does a pre-approved car loan work?
It's just a car. I've never seen prepayment penalties (are they even allowed any more)? Look for best rate on a term (# of years) that suits you.
Often, dealer financing is better, because they offer lower rates and take it as a marketing expense. We pay 0.9% on one car, and 1.9% on the other, both through the manufacturer's credit arm.
Often, dealer financing is better, because they offer lower rates and take it as a marketing expense. We pay 0.9% on one car, and 1.9% on the other, both through the manufacturer's credit arm.
Anonymous
11/17/2013 22:13
Subject: how does a pre-approved car loan work?
Never bought a new car (or a house) so don't know how pre-approved loans work. Am going to the Credit Union tomorrow and wondering what to expect.
How do you decide on a Credit Union loan or car dealership financing? As simple as best interest rate? And prepayment penalties? Or other sneaky factors?
How do you decide on a Credit Union loan or car dealership financing? As simple as best interest rate? And prepayment penalties? Or other sneaky factors?