Financing outside dealership?
#1
Cruisin'
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Financing outside dealership?
I've only bought 1 car and I financed through the dealership. I've been looking into either going through Costco or Capital One for my financing this time.
Two things: 1. has anyone had any experiences with either of these and 2. how exactly does this work? Do I get the exact pricing first then get my financing OR do I estimate and get my money beforehand? If I estimate, I don't understand what happens if you over/underestimate.
Thanks for your help in advance!
-ez
Two things: 1. has anyone had any experiences with either of these and 2. how exactly does this work? Do I get the exact pricing first then get my financing OR do I estimate and get my money beforehand? If I estimate, I don't understand what happens if you over/underestimate.
Thanks for your help in advance!
-ez
#3
i want to ride my bicycle
iTrader: (1)
Originally Posted by MrEzKill
2. how exactly does this work? Do I get the exact pricing first then get my financing OR do I estimate and get my money beforehand? If I estimate, I don't understand what happens if you over/underestimate.
Thanks for your help in advance!
-ez
Thanks for your help in advance!
-ez
dealers and banks have a system setup that allows them to process your loan, but i cant think of the name of it right now...
#4
Cruisin'
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Originally Posted by MrEzKill
I've only bought 1 car and I financed through the dealership. I've been looking into either going through Costco or Capital One for my financing this time.
Two things: 1. has anyone had any experiences with either of these and 2. how exactly does this work? Do I get the exact pricing first then get my financing OR do I estimate and get my money beforehand? If I estimate, I don't understand what happens if you over/underestimate.
Thanks for your help in advance!
-ez
Two things: 1. has anyone had any experiences with either of these and 2. how exactly does this work? Do I get the exact pricing first then get my financing OR do I estimate and get my money beforehand? If I estimate, I don't understand what happens if you over/underestimate.
Thanks for your help in advance!
-ez
www.cudirect.com
#5
A DiRTBAG decal on my
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Credit Unions
I belong to 2 of them. Financed the TSX and previous car through them.
Call your financial institution up and get pre-approved for a new car loan. I usually ask for more then necessary, so for the TSX I asked to ger pre-approved for 30K. Some places may or may not send you a pre-approval letter. Then find out what APR you qualify for. Then go shopping then, when you find the TSX you like, right as the negotiations begin. BAM! Tell them you have your own financing set-up and already pre-approved at this rate. See if they can either beat it or match it then the rest is self-explanatory.
You gotta go car shopping fully prepared, ready and armed with your own financing figures.
Then sales people and dealer finance folks are in your hands
![Thumbs Up](https://acurazine.com/forums/images/smilies/thumbsup.gif)
I belong to 2 of them. Financed the TSX and previous car through them.
Call your financial institution up and get pre-approved for a new car loan. I usually ask for more then necessary, so for the TSX I asked to ger pre-approved for 30K. Some places may or may not send you a pre-approval letter. Then find out what APR you qualify for. Then go shopping then, when you find the TSX you like, right as the negotiations begin. BAM! Tell them you have your own financing set-up and already pre-approved at this rate. See if they can either beat it or match it then the rest is self-explanatory.
You gotta go car shopping fully prepared, ready and armed with your own financing figures.
Then sales people and dealer finance folks are in your hands
#7
If you are military you can go through USAA. They will match any advertised APR.
They financed me for 2.9% last month (Oct)by matching Navy Federal credit union internet APR.
I would get at least 2 pre approvals.
They financed me for 2.9% last month (Oct)by matching Navy Federal credit union internet APR.
I would get at least 2 pre approvals.
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#8
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Originally Posted by MrEzKill
I've only bought 1 car and I financed through the dealership. I've been looking into either going through Costco or Capital One for my financing this time.
Two things: 1. has anyone had any experiences with either of these and 2. how exactly does this work? Do I get the exact pricing first then get my financing OR do I estimate and get my money beforehand? If I estimate, I don't understand what happens if you over/underestimate.
Thanks for your help in advance!
-ez
Two things: 1. has anyone had any experiences with either of these and 2. how exactly does this work? Do I get the exact pricing first then get my financing OR do I estimate and get my money beforehand? If I estimate, I don't understand what happens if you over/underestimate.
Thanks for your help in advance!
-ez
Hope this helps. PM me if yo uhave any question, I'll try my best to help you
#9
Just dial 1911
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If you already get prefinanced, what they do is to sell you the car, they just give you a temporary loan. So you have about a week to get the check from the bank and bring it to the dealer. So, right after you leave the dealer, you call your bank, give them all the info and they will send you the check that you can hand to the dealer.
I went through USAA as well and their process and customer service is stellar.
I went through USAA as well and their process and customer service is stellar.
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