Hello all, I am purchasing a used 2002 porsche boxster in the next month or so. I have heard many pros and cons regarding loan options. The price of the car should be around $30,000. I am going to use a $10,000 down payment. I would like the option of buying from a private party I have one collection account for around $1200 (trying to validate and remove but the process is long), minimal credit history and no debt. I have heard that using a service like eloan or lending tree not only denies sub credit but riddles your credit report with Numerous inquiries. I am afraid to "shop around" for a loan because I am afraid the inquiries will hurt my interest rate. What is the best way to do this given the 30% down payment? should that help me? Any help would be greatly appreciated.
