I bought our new 2006 PT Cruiser ("Touring Edition") through Carmax. Of course, no company is as good as they say they are, but I was drawn to their basic principles of 'no haggling' and such. And they came through. The price online was the same price as when I got there, and there were no hidden or last minute fees or anything. I was further impressed with the fact that they handled all the governmental stuff, so that I literally do not have to step foot in (or even talk to) the DMV.
I also financed through Carmax. But that wasn't the original plan. I figured, that with my excellent credit (it's, like, the one thing I've got going for me), I'd be better off getting pre-approved by someone else before I went in. And this proved to be true, even if it didn't quite work out.
So I called Bank of America, and they approved me for a 5-year, $10,000 loan at 4.35%, which I thought was pretty decent. Unfortunately, they got hung up on my physical address. My driver's license lists the house on Cook Street that I sold three months ago, all my mail goes to a PO Box (which are dispised, for some reason, by any company or government agency whose primary function is doing paperwork), and I live in a hotel. This simply would not do for BofA, who insisted that my driver's license would have to match the address on the title, at which point I would have to somehow prove that I lived there.
Now, to some degree, I get that. They want to make sure they can find me if I stop paying my loan. Makes sense. On the other hand, I have excellent credit, I've never missed a payment or defaulted on anything in my life, and--quite frankly--how, exactly, does a piece of mail with a house address on it prevent me from driving off in my new car and never looking back?
Anyway, rather than sort through all that, I just went with Carmax, who didn't seem to give a shit. Of course, their interest rate for the same loan was 7.25%, but I guess that's the price I pay for my itinerancy.
Proving, once again, that if you want to be normal, you have to be normal.