Originally Posted by MrFatbooty
The interest rate they "gave" you, or that you haggled for?
Best thing to do is go to banks and credit unions and whatnot, BEFORE you buy a car. They will preapprove you on a particular make and model. Then when you go to the dealership you have whatever those interest rates are in your hand, and when the finance guy tries to pull some crap on you, you can bust out with the preapproved shit. The finance guy will either try to beat it, or if not, then you're already preapproved and you can close the loan with the bank or credit union as soon as you finish up at the dealership.
But still, even if you've already got the car but haven't sinced financing papers or something, it would pay off to go to banks and credit unions.
i did this with my new 05 rsx-s i got today. the last 3 weeks ive been emailing local dealers about the car i want at the price i want.. and finally decided what dealer to use. I got my preapproval from our credit union at 3.9%... went to the dealer, was there for an hour.. and went home with the new car. Acura guy said they couldnt beat 3.9%, so there wasnt a point in them running the credit through.
new car is nice.
