Trick-Read-3982 t1_iugat89 wrote on October 31, 2022 at 2:28 AM

Go to a credit union and/or your local bank to get your loan. You have more leverage if you are already approved with financing you arranged yourself. If they want to finance your car, they can beat your terms.

Trick-Read-3982 t1_iugbriq wrote on October 31, 2022 at 2:36 AM

Also, I looked at the Chase website and I’m seeing around 7% for their rates for very good credit. Looking around I see credit unions at 5-6.5%. You can do better, but you need to do legwork yourself and not expect them at the dealership will give you reasonable rates or truthful information.

Happy2helpnlearn OP t1_iugcq0i wrote on October 31, 2022 at 2:44 AM

Thanks to you and the reply above. I went into the dealership and had a pretty stress free experience with the saleswoman and the test drive. Haven’t bought a car in a long time from a dealership and forgot how sleazy the finance departments can be. Thought my credit score was enough to elevate me above bait and switch shell games.