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Old 09-24-2014, 12:00 AM   #646
Ametatsu
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Join Date: Jan 2014
Drives: Scion FR-S Release Series 1.0
Location: Denver, CO
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Quote:
Originally Posted by yUme View Post
Never use dealer finance options if you can help it. Even the crappiest credit union will give you a better loan. My credit union got me 2% lower then the dealer. Scion didn't even try to beat it.
I think it might be misleading to say no to dealer options. Most of the time the Toyota/Scion Financial Services option will not be the best. However, dealers are not forced to use them.

My dealer found me a loan with 2% lower APR than the cheapest rate I could found myself through a bank the dealer had partnerships with.

Some dealers work exclusively with TFS, others actually try to find you a good deal through partnering banks.
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