Financing an auto
Seven out of 10 new cars and trucks are financed, and you can also finance a used car. But to do it right you must be prepared before -- and after -- you reach the car lot!
You can, of course, pay cash.
You can get an auto loan from a bank, credit union or other financial institutions. You can have these loans approved before you ever hit the showroom (a major plus in most deals). These sources of financing will usually offer the lowest rates you'll find, and credit unions are generally lower than banks.
You can also get financing from the dealer or auto manufacturer.
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