 Buying a new car, financing advice, spinoff of the credit card thread |
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| Buying a new car, financing advice, spinoff of the credit card thread |
 Aug 25 2007, 02:30 PM
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#1
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Group: Members Posts: 756 Joined: 22-February 06 From: san marcos, tx Member No.: 27  |
so i'm going to be buying a new car soon. probably a 2006 dodge magnum. not here for advice on the car, instead to discuss financing options.
I have been a wells fargo customer for a long time, with a bank account, credit account, so should I try to get a car loan through them? Should I just finance through the auto dealership? Not really sure which way is better, and no, i don't have rates available from either, no quotes yet. |
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Aug 25 2007, 02:43 PM
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#2
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 New son Donovan Charles Mummert born July 17, 2008 Group: Members Posts: 8,635 Joined: 22-February 06 From: Port Wentworth, GA Member No.: 15 |
sometimes the dealership has good financing. go to your bank before you go the dealership and see what they would offer you. Then, go to the dealership and see what they would offer. I leased my truck, and got an amazing deal with a buy option at the end. If you are on a limited income then thats the way to go in my opinion. Some are against leases, but dealerships are really pushing them right now. Also, since its getting close to the end of the month, I strongly advise going in the last day of the month at 5pm. They are going to really try to get in a couple of more sales before the end of the month. Thats what I did and they gave me whatever I wanted.
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Aug 25 2007, 02:52 PM
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#3
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 Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
you can finance at the dealer, they just pick whatever lender is currently giving the best rates. you can try your bank but i doubt you'd get a better rate just for being a customer (crappy huh).
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Aug 25 2007, 04:02 PM
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#4
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 monogamous gays & stem cells Group: Members Posts: 3,789 Joined: 22-February 06 Member No.: 8 |
go with the dealership
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Aug 25 2007, 05:10 PM
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#5
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 Group: Members Posts: 706 Joined: 22-February 06 From: Lubbock, TX Member No.: 20 |
They call them stealerships for a reason you know...
-------------------- Beers that I have had, updated July 5th, 2009: 1,548
My Beer List "Patriotism is the last refuge of the scoundrel" - Samuel Johnson "I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ" - Mahatma Gandhi |
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Aug 25 2007, 05:29 PM
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#6
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Group: Members Posts: 756 Joined: 22-February 06 From: san marcos, tx Member No.: 27 |
some additional details...
i don't have much for a down payment and no card to trade in. long story for the car, and short story for the saved cash because i haven't been working full time very long. that being said, think it would be wiser to go with the dealership still knowning that i may only have $1500 to put down versus a bank loan? |
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Aug 25 2007, 05:54 PM
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#7
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
1500 is plenty to put down
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Aug 26 2007, 07:18 PM
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#8
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Group: Members Posts: 519 Joined: 27-June 07 Member No.: 1,288 |
Buy the car Cobra drove. Mercury or some shit.
-------------------- Fuckmuffin. That word and muffintop are the two coolest things I've ever seen on this place. What would happen if a fuckmuffin fucked a chick with a muffintop? That's a lot of muffins. A lot of motherfuffin muffuckins.
-TTULOW2 |
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