When I sold cars for a living most people who got pre-approved for a car loan had a higher interest rate than if they had done the financing through us because we got better rates than they could ever do unless they worked for the bank themselves. We dealt directly with the auto loans department without the bank rep…

You fail to mention that if you have the money in the bank or an investment but take out a loan of an equal or lower amount you are not in debt. You can pay for the loan from the money you did not remove from your investment or account. It would be better, if the circumstances allow it to finance a vehicle and keep…