twiceblessed....nacole 433 Posted February 11, 2015 Report Share Posted February 11, 2015 Is it better to get pre-approved and be ready to purchase or is financing at the dealership usually the best way to go? Quote Link to post Share on other sites
Memphis 105 Posted February 11, 2015 Report Share Posted February 11, 2015 We do or at least know what rate I can get on my own. Car dealers I have dealt with give a good price on the car and then try to make up for it on the back end with higher rates or add on services. Quote Link to post Share on other sites
tim5055 120 Posted February 11, 2015 Report Share Posted February 11, 2015 It's best to pay cash (the Dave Ramsey in me), but if you must finance explore all options. Local bank, credit union, the dealership or even Good Sam Club. Know what you can get elsewhere and the dealership can't prey on you while emotions are high. Take your time and make a decision based on facts, not emotion when the salesman says it Amy not,be here tomorrow.Remember, if an RV salespersons lips are moving, untruths are probably coming out.... Quote Link to post Share on other sites
twiceblessed....nacole 433 Posted February 11, 2015 Author Report Share Posted February 11, 2015 Thank you both.... and Dave Ramsey Quote Link to post Share on other sites
parrothead7368 aka Norm 101 Posted February 11, 2015 Report Share Posted February 11, 2015 Do not let the dealer know how you are financing. Make the deal for the camper, once you have the price, than make a deal on your trade if you are going that route, than make a deal on the financing, either through them which they try and make up the difference in price by giving you a higher rate as Memphis says, or through your own bank.If they know you are financing through them or have a trade in, they are going to lower the price of the camper and make it up on the other two or one end. They are three seperate deals and the dealer should be unaware of what you are doing. Best Regards,Norm Quote Link to post Share on other sites
Helmsey......Todd 134 Posted February 11, 2015 Report Share Posted February 11, 2015 When we purchased our current camper we were pre-approved through the credit union, made working with the dealer a bit easier I thought. Quote Link to post Share on other sites
ependydad...Doug 176 Posted February 11, 2015 Report Share Posted February 11, 2015 I went to the dealers with financing pre-approved and the rate that I was getting. My dealer didn't even bother running a credit report- their finance lady said she couldn't get near it. In a surprise (as I *love* my credit union), Bank of America beat the pants off of their rates. Quote Link to post Share on other sites
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