Started By
Message

Best place to get a car loan / pre-approval?

Posted on 9/23/14 at 3:22 pm
Posted by lynxcat
Member since Jan 2008
24185 posts
Posted on 9/23/14 at 3:22 pm
Looking to buy a car soon..where should I look for loans / preapproval?

There seem to be a lot of random internet sites that partner with cars.com, etc. or do you go through your local bank?

Appreciate the help!
Posted by Lsut81
Member since Jun 2005
80224 posts
Posted on 9/23/14 at 3:26 pm to
quote:

Looking to buy a car soon..where should I look for loans / preapproval?


Cap One does the blank check... They will approve you for an amount and mail you a check that you can take to one of their verified dealers.

Just be careful that the dealer will actually accept the check. Was helping someone buy a car a few months back and got into it with the dealer bc they said they wouldn't take the check even though they were listed on Cap Ones site.

I asked the dealer why and they said "Because it takes days to clear", so I then asked "Well do you take personal checks?" and the manager said "Yes" They were just trying to get the financing to make more money. Ended up financing through them, but called Capital One and received 2-3 followups from higher ups within Capital One wanting to know who at the dealership said no.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 9/23/14 at 3:32 pm to
Usaa was very easy.
Posted by yellowfin
Coastal Bar
Member since May 2006
97712 posts
Posted on 9/23/14 at 3:46 pm to
penfed will pre approve you then when you pick a vehicle they'll overnight a check to you or the dealership
Posted by DownSouthDave
Beau, Bro, Baw
Member since Jan 2013
7386 posts
Posted on 9/23/14 at 4:15 pm to
I went to DOW FCU before I bought. They gave me a rate of 3%. Toyota gave me 0%.
Posted by BACONisMEATcandy
Member since Dec 2007
46644 posts
Posted on 9/23/14 at 8:34 pm to
USAA was my only experience. It was great
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram