car loan inquiry

chermangel
By chermangel

Hello there.

I would like to ask what is the difference between direct application for a car loan to the bank and the dealer will do the application in the bank?

How does the bank computes the loan? and the dealer?

Thank you very much for your replies.

By hms• 1 Nov 2010 08:22
hms

there is no much difference, the showroom is just helping you to avoid your trips to banks they will do all the paperwork u have to just sign the papers, it is one and the same.

By hms• 1 Nov 2010 08:22
Rating: 3/5
hms

there is no much difference, the showroom is just helping you to avoid your trips to banks they will do all the paperwork u have to just sign the papers, it is one and the same.

By omershah• 31 Oct 2010 17:46
omershah

in both ways , you would be dealing with the bank. only diffrence is that in direct application you can go to diffrent banks and get the best rate for you, in other scenario the showrrom mguy will always prefer the bank where he is getting good commision from bank :)

By POLO00• 31 Oct 2010 15:38
POLO00

visit directly to the bank to get the answer on your question on the spot rather asking here in QL that you are not sure if your question will be answered.

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