| One of the best ways to save money when buying a | | | | loan lenders. |
| car with bad credit is to use a direct auto loan lender. | | | | For example, if your car loans approved at an interest |
| By cutting out the middleman and saving money on | | | | rate of 9%, you will have to pay a higher rate than that |
| commissions that are paid to loan officers and | | | | if you are buying through a car dealership. The finance |
| salespeople, you can get a lot better deal. It may | | | | manager may increase your interest rate up to 12% or |
| actually surprise you with the amount of money that | | | | more. The extra percentage points that you pay equal |
| can be saved by dealing with a auto finance company | | | | higher car payments. You can save thousands of |
| directly. | | | | dollars in finance charges by avoiding this. |
| Many people are not aware of exactly how much | | | | By far, one of the easiest ways to get around all of |
| money is made in the finance department of a car | | | | this is to deal directly with auto finance companies. Did |
| dealership. Finance manager actually inflates your | | | | you know that it is actually easier to get approved if |
| interest rate and makes a profit on the amount of | | | | you deal directly? Just like everything else, when you |
| money that you are charged for finance. In other | | | | cut out the middleman you can save a lot of money |
| words, you get a higher interest rate by dealing with a | | | | by buying direct. Auto financing is no exception to this |
| car dealership then you do if you deal with direct auto | | | | rule. |