Sunday, March 29, 2020

What is the difference between direct and indirect auto financing?

Esteban Faggett: Direct is when you get the financing through the dealer finance. Ex. Ford finance company and a Ford dealership. Indirect is if you get a loan from your bank and carry it to the dealer. You simply buy the car from them and nothing else.

Jude Colbenson: also need answers for other questionsWhat is the difference between prime lending and special finance? Do I must choose my vehicle before I apply for an auto loan?

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