How to Get the Best Car Loan | New Car Buying - Consumer Reports
Some consumers will spend days making sure they get the lowest price on a vehicle, yet they won't bother to shop for the best auto loan. If you don't have financing in place when you visit the dealership to buy, you're leaving yourself vulnerable to whatever terms the dealer offers, which may have a much higher interest rate than you could get elsewhere. And dealers often mark up the interest rate of a loan over what you actually qualify for, which can cost you hundreds of dollars extra.
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