HOW CAN I TELL IF I'M BEING OFFERED THE BEST
AUTO FINANCING?

Most likely if you're financing through the dealership or have bad credit you are not getting the best financing. That's because most of the times financing at the dealership will be more and of course if you have bad credit and are considered somewhat of a financial risk, the interest rates want necessarily be in your favor.

The best thing to do is to explore all of your financing options ahead of time. If you are a member of a credit union start there. Get pre-approved for your loan and take that with you to the dealership. If you are not a member of a credit union, consider other lending institutions like your bank. Make sure you compare the current rates and see who's offering the best deal. You can visit a website like bankrate.com to compare rates. The other thing you want to do is to check your credit score and get a copy of your credit report. You should know and have this information before going into the dealership. This way you know what you're working with.

The bottom line is to do some comparitive shopping to see what works best for you in the long run.