Many Americans Are Overpaying for Their Car Loans

Source: 
Consumer Reports
Ryan Felton

...advocates say the car-buying process is unlike any other consumer purchase experience. 

“It’s no wonder that there’s so much variability in the APR in the CR findings,” says R.J. Cross, tax and budget advocate for the U.S. PIRG, a consumer advocacy and political organization. “The price you pay and the financing you get has a lot more to do with how prepared for battle you are when you walk onto the showroom floor than your financial history.”