Dealer Financing or Car Loan Company?

November 2nd, 2009 by admin

In most cases, it is to your advantage to utilize the services of a car loan company rather than going with dealer financing for Car Loans. Unless there is a very good set of “extras” being offered to you by the dealership that makes your loan worthwhile, you will almost always find better terms with a finance company. That is largely because, the amount the dealer makes on your loan agreement is calculated in to the total profit he makes on the deal. So, it is in the dealer’s best interest to soak you on financing terms, especially if you have gotten a good deal on the price of your vehicle.

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