Many new car buyers are tempted to take the first credit-card company loan offer that comes their way -- or even turn to dealers for financing. To financial specialists, both are real no-nos.
According to Terry Jackson of Bankrate.com, a buyer should have financing BEFORE ever setting foot in the showroom. That's because the interest rate most dealers offer simply can't match up to what you can find on your own.
And while a credit-card company may appear to offer a good rate, it's always advisable to shop around for the best APR possible. The first step: looking up one of the many auto loan providers online. Almost all sites allow you to make rate comparisons -- and some will even make you multiple financing offers. .
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3 comments:
good job done guys... very nice blog.... very interesting and knowledgeble... hope you will
post newer content in coming days..
Second Hand Cars
Nice Post. Thx
Car loan is best option if you are planning t buy new car. Choose your car loan deal before you choose car model. Choose a deal which provide low interest rate car loan
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