If you’ve bought a car from a dealership, you’ve likely been in a finance and insurance room. Those are the rooms salespeople take you to after you’ve finished haggling and have settled on a ...

When you buy a car, you can apply for an auto loan at the dealership. If approved, you can use this loan to finance your car. Determining if you should get dealer financing can be difficult.

The finance department While you will have to consider financing if you aren’t paying cash outright, a dealer pointing you to the finance department before you even look at a car is a red flag.