Byron Sexton
Senior Member
- Joined
- Feb 24, 2020
- Threads
- 73
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- 1,453
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- 1,279
- Location
- DMV
- Vehicle(s)
- 2006 Mazdaspeed6, 2020 Civic Type R SGP #36784
- Thread starter
- #1
Hello
I am wondering what to do first. here is the deal I am looking to buy a CTR soon, and i have a good down payment. I want to finance the rest
I was given advice to not give the dealer the down payment finance the whole car loan for instance $37,950 + TTT and fees from the dealer. Then give the down payment in a lump sum to whomever I finance with ie credit union apply it to the principle of the loan.
Is this the right thing to do?
Also when do i apply for financing? before i start the car search or after i get an offer from the dealer + my Down payment or not and i am interested in completing the deal?
I am wondering what to do first. here is the deal I am looking to buy a CTR soon, and i have a good down payment. I want to finance the rest
I was given advice to not give the dealer the down payment finance the whole car loan for instance $37,950 + TTT and fees from the dealer. Then give the down payment in a lump sum to whomever I finance with ie credit union apply it to the principle of the loan.
Is this the right thing to do?
Also when do i apply for financing? before i start the car search or after i get an offer from the dealer + my Down payment or not and i am interested in completing the deal?
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