Buying a used car, best source for financing? (beehaw.org)

submitted 1 year ago by hallettj@beehaw.org to c/personalfinance@lemmy.ml

6 comments fedilink hide all child comments

My family needs a second car. I'm thinking about a used Chevy Bolt or Nissan Leaf so I think the cost will be about $20,000.

What's a good source for financing? I was thinking about getting a loan from my bank, Chase. But I see there are also lenders that specialize in car loans, and there might be dealership options? My credit score is over 700.

you are viewing a single comment's thread
view the rest of the comments

[-] 1couchpotato@lemmy.dbzer0.com 12 points 1 year ago

Local credit unions are typically your best bet. In particular, if you have access to navy federal credit union, it's extremely easy to get approved and walk out with a pre-approval check in 30 minutes to buy your car now while you continue to shop around for rates.

this post was submitted on 27 Aug 2023

15 points (100.0% liked)

Personal Finance

3819 readers

2 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml