<prompt> Human: Hi folks, Im trying to get a car loan for the first time in my life and I have built up a credit score of 720. However, I have never took out any major credit no mortgages, student loans, or anything, and only have two credit cards. I am hoping to take out a loan of about 17,000 to finance a car with about 4000-5000 down. The first dealership I went to told me theyd only do 2-3 credit inquiries, so I approved their financing application. They came back with an offer of 72-months at 12 APR. They said that because I hadnt ever taken out major credit, that this was normal and that after about 8-10 payments paying a bit more than the monthly payment amount, that I should refinance and that banks would compete for my credit because Ive shown that I can make payments. This seemed fishy to me, so I walked out.I went to another dealership to see if theyd have better offers, and when I approved a financing application, they came back and told me that the first dealership had run up almost 10 credit inquiries at different institutions, and that if the second dealership ran another inquiry, it would drop my credit score considerably the financing manager said up to 60 point decrease was possible. He said they dont do business like that, that the first dealership did me wrong, and recommended that I go straight to my bank to see what they can offer.So my questions are:1. How shady was the first dealership? Or was it normalstandard?2. What APR would make sense for someone in my situation? I know everyones situation is different, but whats a decent ballpark that I could shoot for?3. How can I avoid having my credit score tumbling down from shopping for credit?4. Any overarching suggestions given my situation?Thank you very much in advance folks.  <response>: Im going to parrot what everyone else is saying. Yes! 12 is too high. Theres no reason your interest rate should be over 5-6 at the MOST! Find a local credit union, or a national one. I got my loan for a used car through PenFed with a score less than 680 Fico 2 at 2.99 for 15k and 60 months. 