It Pays To Shop Around, Even For Financing
You've made up your mind and got the perfect car all picked out. It's got the features you want at the price you want but are you about to step into a bear-trap of finance and interest charges?
"'Anybody can get you a monthly payment you can afford,' Susan Tiffany, director of consumer publishing for the Credit Union National Association, says. But how they do it may not be in your best interest." Cars.com
It pays to not only shop for the best deal on a car ahead of time, but also for the best financing. By arranging financing ahead of time you put the ball back in your court giving you the home team advantage.
By arranging financing with your bank or credit union ahead of time you become a cash buyer with the ability to simply write a check for the amount of the vehicle (up to the approval amount of course).
""A cash buyer has a very deep attraction for car salespeople, especially at the end of the month when they need to make their sales numbers," Daniel Ray, editor in chief of Bankrate.com, says." Cars.com
Financing a vehicle is the cause of undue headaches among auto buyers but with a little information and some preparedness you stand a better chance of walking away a winner. For more information check out Finding The Best Financing Deal on Cars.com.
Posted by Loyd on April 25, 2005 | 0 Comments
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