: Dealers love it when you finance through them because they often get a "kickback" from the lender. To get the best deal, it's smart to get pre-approved by your bank or credit union before you even step onto the lot. Financing or Leasing a Car | Consumer Advice
: You borrow the money from a bank or credit union. You use that cash to buy the car outright from the dealer and then pay the bank back monthly.
: You're locked into a payment for years, even if your income changes.
