Advising a friend.

[OnTheWarpath15]

Originally Posted by Mr. Flopnuts

If you're going to borrow money to buy a car, line up your own financing with a bank or credit union and go the lot to negotiate a cash price. If you can't do that, don't borrow money to buy a car. That's the best advice I can give on financing vehicles.

Yep.

Exactly what we did.

Used Edmonds and others to determine invoice pricing on the car/options we wanted.

Secured financing through a credit union.

Went to the dealership that had what we were looking for in stock and told them, we'll give you "X" amount for this car, or we're walking out.

Best of both worlds - a $35K car for under $30K, and a super-low interest rate - and I didn't have to waste time trying to get fleeced by the dealership's finance manager.