GL Class (X166) 2013-2015 after facelift became GLS (X166)

Down payment?

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old Apr 20, 2016 | 10:39 PM
  #1  
tate16t's Avatar
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?

Last edited by tate16t; Apr 21, 2016 at 05:08 AM.
Reply
Old Apr 21, 2016 | 11:32 AM
  #2  
Dreamszalone's Avatar
Member
 
Joined: Jan 2014
Posts: 247
Likes: 17
From: Chicago, IL
2015 - GL 550
Originally Posted by tate16t
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?
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
Reply
Old Apr 21, 2016 | 07:34 PM
  #3  
tate16t's Avatar
Thread Starter
Member
 
Joined: Oct 2009
Posts: 195
Likes: 6
S550
Originally Posted by Dreamszalone
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
Thanks I did just that, submit it with the dealer.
Reply

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -4. The time now is 10:20 AM.