When you apply for an auto loan, do you get the same answer/amount no matter where you go?

I applied at my credit union for an auto loan and they gave me an answer of X amount. If I go straight to a car dealer about car financing/loans, will they give me the same answer of X amount? That being said, is it the same everywhere or do businesses/credit unions/banks each have their own unique judgement?

When you apply for an auto loan, do you get the same answer/amount no matter where you go?
YOU NEED A PERSONLIZED BANK. WHEN IT IS ON A PERSONAL LEVEL, THEY CAN SIDESTEP GUIDELINES.


YOU NEED TO GO WHERE YOUR CHECKING, SAVINGS ACCOUNT IS.


TALK WITH A LOAN OFFICER. BE ON A FRIEND BASIS. WHEN HE SEE'S YOU AT THE STORE, HE KNOW'S YOU.





I PROMISE YOU....."PERSONAL" IS THE KEY TO SUCCESS.





MY BANKER WILL LOAN ME $10,000.00 ON A $5,000.00 CAR.





GUIDELINES, SAY NO. "PERSONAL RELATIONSHIP", SAYS ..YES.





GOOD LUCK.
Reply:No, just like banks, every loan company will compete for your business. The interest rate will usually change. However, it is within a certain figure, usualy less than 2-5% change per offer.





As to the issue of banks/credit untions and dealerships having disperate methods to apply for loans, no, it's all done through banks. But, usually, car companies (those directly sanctioned by what types of cars they represent, such as a real GMAC or a real Caddilac dealership) can provide better financing options for you, as well as give you breaks on interests, or no interest periods.
Reply:Nope. Each loan place has different standards that they rate customers by.
Reply:no. stick with your credit union. they have the lowest rate always. if you go to a regular bank or through the dealership, they will base the interest off of your credit score. yuor credit union is usually the same low interest for everyone.
Reply:No. Shop around a bit. Don't just look at the amount they lend you, look at the payments, the APR and such things as do they charge if you want to pay off the loan early. Also consider a protection policy if you are unfortunate enough not to be able to make a payment down the line.
Reply:Also, credit unions won't force you to borrow a minimum amount (i.e. $7,500). I made the mistake of going through a car dealer a few years back, I was charged 19% interest. I went to a credit union last January and was charged. 4.75%. Please stick with your credit union!
Reply:No, you certainly DON'T get the same answers and/or offers wherever you go...check around..it's called, "shopping".