Originally Posted by ridersfan
There's no harm in getting a rate quote from a dealer and shopping it against other lenders.
Just be cognizant of how many other lenders you're shopping with. Every inquiry on your credit report will have a negative impact on your overall credit score (FICO). Inquiries will sit on your credit report for 2 years.
It's not usually an issue if someone is reviewing your credit report after the fact because it's easy for a person to see you were shopping for a vehicle, but nowadays most credit decisions are systemic and use the credit score as a/the decisioning factor and will not take in to account WHY there are multiple inquiries.
Also - the rate the bank gives the dealer is called the "Buy Back Rate" and you are entitled to see it - you just have to ask.