Financing a car through bank instead of dealership? ELI5!

Financing a car through bank instead of dealership? ELI5! Hi, I hear all the time that people advise you don't finance through a car dealership but arrange financing with your own bank ahead of time. But how exactly does it work? When I bought a home I got a preapproval letter from the bank, do I have to present something similar to the car dealership? Does it add any time or steps to the overall proce...

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