When financing a car, do I need to buy the car first or get the loan first?

I've never gotten a car loan before, so I'm not sure how the application process works. Which comes first: Getting the car or the loan?

Answer
Most dealerships offer financing either in-house or through a third party, so you can get a car and a loan at the same time. However, it is always a good idea to go into any situation with a plan, and getting pre-approved for a loan can not only make the process of purchasing a car go smoother, it can also give you some leverage for negotiations and save you money in the long run.
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Johnny Puckett
Answered on Mar 12, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.
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