<prompt> Human: I bought a car yesterday and they are allowing me 5 days to decide if I want to take out a loan from my credit union 2.99 or them 2.90. There isnt a big of a difference of to even notice it on my payments which makes it even more difficult for me to decide which one to take. This is causing confusion on my part so I would like to know the advantages and disadvantages of taking a car loan from a dealer vs taking a car loan from my credit union?  <response>: Since the dealer is probably using a 3rd party for the loan e.g. my Subaru used dealer financing but it was actually through Chase bank. You should look for any origination fees the dealer is charging up-front as part of the deal that is based on financing through them. Check that both loans allow additional principal payments and allow early pay-off of the loan 