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| - My wife is in the market for a new car. Our credit union gave us a pretty good rate on a new car loan, but I, thinking it the prudent thing, decided to shop around. LendingTree.com advertises that it searches multiple banks at one time and I thought, great, what better way to see if we are getting a good rate than to use lendingtree.com.
We entered the year, make, model, and trim of the car we are looking to buy, a 2016 Honda CR-V, EX-L. I though, this must be even better - we'll get rates on the specific vehicle!
Nope... no - LendingTree returned with offers from BMW, Jeep, and Carmax - NOT A SINGLE HONDA DEALERSHIP... On top of that - I now seem to be spammed with used car dealers - not even financial institutions.
Not only did LeandingTree not return a rate that was competitive - it has now subjected me to spam from used car dealers - all that when I specifically entered the car information we were looking for!
My advise, just check your bank and a few other banks directly.
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