Is Dealer Financing Bad?

Is dealer financing bad in the U.S.? Not always—but dealers can mark up the buy rate, so you pay higher APR. Get pre-approved elsewhere; compare to dealer; use the lower APR. Use autopremo.com payment calculator and OTD calculator. Use autopremo.com.

TL;DR Dealer financing can be marked up—compare to bank/credit union; use the lower rate. Agree on OTD first. Use autopremo.com.

Compare and Use Lower Rate

Get pre-approved; compare dealer APR to your rate; use the lower. Use autopremo.com payment calculator. Get your numbers at autopremo.com.

Bottom Line

Is dealer financing bad? Compare to bank/credit union; use the lower APR; agree on OTD first. Use autopremo.com.