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So far I have been driving old cars. In near future I would like to drive a brand new car. Definitely I will have to apply for auto loans. That is why I want to start relationship with some financial institutions such as banks. Which financial institutions grant the best auto loans? Which ones do I need to start relationship with?
That's kind of a difficult question to answer as we don't know your specifics/where you're located/what affiliations you have etc. Generally speaking, credit unions are going to be your best bet.
Good luck!
@pinkandgrey wrote:That's kind of a difficult question to answer as we don't know your specifics/where you're located/what affiliations you have etc. Generally speaking, credit unions are going to be your best bet.
Good luck!
THIS!!!!!
Look into some of the larger national CU's for the best rates and largest footprint
DCU, pen fed, navy, etc........as well as local ones in certain states may even beat these giants, your score and history will play the biggest role and rates are soaring
was in a similar situation a few years back (i had no credit score whatsoever) and a 17% loan on a truck that i got out of fairly quickly into rates that are proper, overall its when my scores skyrocketed that i received the lowest rates.....dealerships have beat my credit unions twice since then so it just depends on who wants the loan bad enough