Which method is better in terms of paying for a car purchase?
Would financing through a car dealership or getting a bank loan for a new car be better in lieu of lower interest rates? I have a near perfect credit score. Help by giving me an insight to your infinite wisdom! : )1) bank loan..
2) The best loan is the one with lower interest rate, regardless of whom you get it from. Period. End of discussion.
3) Find out what interest rate the dealership is offering. Sometimes they will have really low rates. Then, before you sign, check around with your local banks and see if they can beat it. With perfect credit you can call all of the shots, they will all want to finance you. Good luck.
Information supplied by Yahoo! Answers.
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