Personal Finance

Car Loan Pre Approved

  • Last Updated:
  • May 22nd, 2020 2:45 am
[OP]
Newbie
May 4, 2020
3 posts

Car Loan Pre Approved

Two days ago I went to apply for a car loan at a dealership. Long stpry short, finance girl called today told me tomorrow we will know the max amount I can loan and the terms etc, she also told me the car I wanted got sold (pisses me off but oh well). My question is if I wanted to go to another dealership would I be able to just call the bank that pre approved at the previous dealer and buy from a different one or is that loan tied to dealership thag sent my file.
1 reply
Deal Fanatic
Apr 5, 2016
5055 posts
3586 upvotes
Calgary/Vancouver
Depends on the lender but often times you can if you know which bank approved it. The rate however might be different as each dealer may have a different thresholds.
Current Fido and Rogers customer.
Ex Koodo customer.

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