Question

Going directly to a car dealer for a loan keep things simple is a.....

A. great idea because they want you to get the car so it’ll be the offer.

B. great idea because you don't have to deal with another lender.

C. not great because they typically offer higher interest rates.

D. not great because car dealers don't offer loans.

Answer 1

Answer:

The correct answer is (c)

Explanation:

Car dealers and banks both offer loans to buy cars. Customers sometimes to keep things official and straightforward they go to banks to get loans. Banks usually charge less interest rates and low risk compared to car dealers; that is why it is not a good idea going directly to a car dealer for a loan.