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Posted in Auto Loans
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Question By
tadeol2009

3 Contributions
9 People Helped
How to use an approved auto loan
I have been approved by my credit union with a credit monthly payment and lowest APR they offer.
I have been searching for the car I want to buy, 2013 ford focus ST MSRP is $24,000 but with the X plan pricing I get with my employer it brings it down to $19,000, ford says they will honor it.
CU approved me $21,000, so how will I use this?
when i called my bank they said the 21K is used towards the MSRP price so that leaves me with $3000 cash that I don't have...

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