Anyone have experience with it? I am about to purchase a used (2nd) vehicle and need to finance. Do auto dealerships get me better rate from the banks because they have the negotiating power? Or I was also thinking, do they take portion for themselves? For example, I pay 5% to the bank and banks gives a portion (1-2%) back to the dealership?
Or is it always better to get my own financing rate? Any advice on getting better rate would be appreciated too! What's a typical/average financing rate for auto loans? (My credit is excellent FYI, plus Im located in Canada)
Submitted November 12, 2020 at 06:47PM by jscentinquiry https://ift.tt/32HpGIV
