Before visiting a dealer, what is a smart first step for a car loan?

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  1. Get preapproved by a bank or lender
  2. Sign at the dealer
  3. Skip budgeting

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References

  1. CFPB: Dealer-arranged vs bank financing www.consumerfinance.gov/ask-cfpb/what-is-the-difference-between-dealer-arranged-and-bank-financing-en-759 Checked 2026-10-10.

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