Quote:
Originally Posted by Buggy51
Oh and before I forget, from the lowest estimate I think you should get a preapproved loan a week or so maybe before you purchase. From what I can recall the preapproved loans last around 30-40ish days? (someone please get the more correct info) That way you have a slight bargaining chip I guess or something to fall back upon. Dunno, I suppose the other bargaining alternative is to just let the preordered car sit on the lot lol
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It depends on the institution, most of the places I've seen have said 30 days. Once you get everything finalized they "next day" a check made out to you and the dealer your purchasing from that you bring in to purchase the car.