October 2009 Weddings
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
WWYD: Vehicle Financing
I have found the car want! Hooray! It's a 2007 pre-owned from a dealership Dodge Charger. The consumer reports look pretty ok on them and I have spoken to people who either still drive or have driven them in the past and all pretty much say it's a car they liked and had no issues with. It comes with a 36 month warranty plus a 60 month corrosion and power train warranty. Now here's where things get sticky. My credit history is pretty sparse and I know that if I go it alone to get financed then my interest rate will be sky high. I could get my mom as a co-signer but even though it lowers my interest rate it dosen't really help build my credit. I have also though about by-passing the dealership for financing and seeing if I could get a loan from my own bank. That's my WWTD[Poll]
Re: WWYD: Vehicle Financing
I actually just bought a car yesterday...woo!!
I asked my bank what they could do for me first. Found out the interest rate and figured out payments.
Then I went to the dealer and asked what they could do for me. If it was higher than the bank, I told them what the bank could offer me and if they could beat it.
I ended up going with the dealer because they worked a pretty good deal.
I don't see how getting the loan through your bank would mean you own the car out right vs getting a loan through the dealership. A loan is a loan regardless of where its from. It just means your bank would hold the lien rather than the bank the dealership works with holding the lien.
Anyway, go to your bank and see what they can do. Also, if you have to go the route of a cosigner, you will still build credit that way.
I bank at a smallish local credit union and I have NEVER had the dealership or any other lender be able to beat their financing. Plus, they're more willing to negotiate things down the road if your situation changes, especially if you bank with them and have a long history with them.
That being said, do your homework. See what your bank will do, see what your dealer will do. See if you have another bank you want to work with and what they can offer. Go with the one that has the best rate and "feels right" to you.
Good luck!
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