<prompt> Human: Ive been thinking about financing a car for some time now and Im wondering if I should go through a dealer or another bank. Ive been looking at Penfed and they seem to have the lowest rates Ive seen. I think I should go with an outside bank as opposed to the dealer because I dont know what type of interest rateterms I would be getting through the dealer but I would just like to hear someone elses point of view. Any input is appreciated!  <response>: My advice: If youre going to finance the car you should have at least a pre-approval from your bank, credit union, or similar in-hand before you visit the dealer. This gives you the same purchasing power as if you had that amount of cash-in-hand it also takes away one of the things that the dealer can use against you. Credit Unions are great places for car financing you need to join one of course. Theyll often give you a draft for the loan amount approved which works like a blank check at the dealer.Even though you have your own financing in hand, however, its OK to let the dealer try to beat the financing you have, once youve agreed upon the purchase price often manufacturers will have 0 financing or other deals available--just make sure that you understand all terms of conditions of the financing the dealer may offer to make sure there are no hidden gotchas.Good luck and have fun! 