The dealer beat the Credit Union's APR (2.49% vs. 3.04%), saving Alex thousands over the life of the loan. The Pitfall: Avoiding the "Upside Down" Trap
Once upon a time, there was a traveler named Alex who needed a reliable car for work but didn't have enough savings to buy one outright. After visiting several dealerships, Alex learned that a could make this "necessity" achievable. The Decision: New vs. Used loan car
Took that rate to the dealership and let them compete. The dealer beat the Credit Union's APR (2