Getting a loan from a bank or credit union before you visit the dealer. This allows you to "shop around" for the best rate.
Higher monthly payments, but you pay significantly less in total interest. finance car
You essentially "rent" the car for 2–3 years. Payments are lower, but you do not own the vehicle at the end of the term. ⚠️ Common Pitfalls to Avoid Getting a loan from a bank or credit
The duration of the loan, typically ranging from 36 to 72 months. finance car