How many lenders should I shop for an auto loan?
- Vindicated.ai
- Aug 25
- 1 min read
How many lenders should you shop for an auto loan?
Don’t settle for the first offer!
Experts recommend getting quotes from 3–5 lenders — including banks, credit unions, and online lenders.
Why? So you can compare rates, spot the best deal, and avoid overpaying.
Pro tip: Get preapproved before stepping into the dealership — it gives you negotiating power and peace of mind.
Comments