Does a car dealer always offer the best interest rate on a car loan?
I want to purchase a car for around $40,000 after the down payment. The dealer offered me 3.49% financing for 60 months, which puts my payments around $730 a month. That seems a bit high to me, but the interest rate doesn't seem terrible. That said, I haven't shopped around yet. Does a car dealer always offer the best rate on car loans?