Down payment?
Thread Starter
Member
Joined: Oct 2009
Posts: 195
Likes: 6
S550
Down payment?
I will finance a new GL. I'm going to finalize the agreed to price with the dealer and finance with my credit union. I intend to put additional funds down.
Should I put down money on the car at the dealer or with my credit union toward the loan? Does it matter?
Should I put down money on the car at the dealer or with my credit union toward the loan? Does it matter?
Last edited by tate16t; Apr 21, 2016 at 05:08 AM.
Member
Joined: Jan 2014
Posts: 247
Likes: 17
From: Chicago, IL
2015 - GL 550
With CU it is little different again it depends on each CU.
Thanks
Thread Starter
Member
Joined: Oct 2009
Posts: 195
Likes: 6
S550
Doesn't matter, but putting it with dealer is what lot of people does. But with Credit Union I believe once you have the purchase order submitted you gotta give the CU your down payment and then they wire the money (cost of car) to the dealer or cut a check.
With CU it is little different again it depends on each CU.
Thanks
With CU it is little different again it depends on each CU.
Thanks
