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Should I finance a new car at the bank or.......

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    Should I finance a new car at the bank or.......

    should I finance through the dealership? I posted this in another forum but I only got a couple answers. I know this is not the BK forum but I filed BK in 1997, almost 10 years ago! Just wondering which way is best. Opinions appreciated!

    #2
    All depends on the interest rate. New car rates are currently around 6%. If you can get a lower interest rate from the dealer, than do it.

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      #3
      If you haven't worked on cleaning up your Credit Reports, I'd suggest you start there. Get all errors corrected before you try to seek any type of financing for a new car from any one.

      Also, you might try Capital One Blank Check. Several people here have had rather good luck with them.
      Filed Ch 7 - 09/06
      Discharged - 12/2006
      Officially Declared No Asset - 03/2007
      Closed - 04/2007

      I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.

      Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...

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