Auto Loan,Auto Loan Center,Auto Loan Rates,Online Auto
Loan,Auto Loan Tips
the reasons online direct auto loans are preferable to dealer
financing is that dealership financing is usually biased in favor of
the dealer. In other words: an independent loan company has more to
gain by offering you good rates because the only thing they're
providing is loans. Automobile dealers have a car that you want and
because of this leverage it does not always behoove them to offer you
lower terms and rates. The best online auto loan companies work with a
large selection of independent lenders so that they can offer you the
best possible terms and rates for which you are qualified. After all,
car dealerships are a great place to find a new or used car, but they
are not always the best place to get good rates on an auto loan.
Independent lenders are much more likely to offer you the most
competitive rates available.
Another thing to keep in mind when car shopping is to go into the
dealership with as much knowledge as possible. Learn the
wholesale/retail value of the type of used car you are interested
in before going to the dealer. Do not be afraid to negotiate-my
dad used to be a used car dealer and he told me that no offer is
too low. That doesn't mean you should go overboard or expect a
dealer to give you a car for $100, it just means that making an
offer of a few hundred dollars less than the asking price will not
provoke the dealer to show you the door.