http://financequestionsblog.com/how-to-get-a-good-finance-deal-on-a-car-loan.html Mon, 14 Dec 2009 15:40:02 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://financequestionsblog.com/how-to-get-a-good-finance-deal-on-a-car-loan.html/comment-page-1#comment-108 demon x Sat, 21 Mar 2009 06:40:45 +0000 http://financequestionsblog.com/?p=86#comment-108 this is great place to get quotes for a car loan, it only takes a minute and it's free. this is great place to get quotes for a car loan, it only takes a minute and it’s free.

]]> http://financequestionsblog.com/how-to-get-a-good-finance-deal-on-a-car-loan.html/comment-page-1#comment-107 mikalob092 Wed, 18 Mar 2009 07:35:55 +0000 http://financequestionsblog.com/?p=86#comment-107 Here is an article with some information on loan options and the best plans. Here is an article with some information on loan options and the best plans.

]]> http://financequestionsblog.com/how-to-get-a-good-finance-deal-on-a-car-loan.html/comment-page-1#comment-106 mscarlybobarlysmom Mon, 16 Mar 2009 10:16:00 +0000 http://financequestionsblog.com/?p=86#comment-106 Capitol One Auto finance seems to have the best rates - Make sure you understand that most of the time "higher rates" are not particularly similiar to say a mortgage loan so don't get scared right off the bat, but try to have a goal of when you want to pay the car off if you buy instead of lease. Leasing gives you the option for a lower rate with little or no money down, but you walk away with nothing in the end. Purchasing a car can work like a lease (lease with option to buy-so your money isn't just wasted) Also look into GMAC - they are competative with their rates, but they own a lot! They not only finance car loans, but mortgages too (ditech) Most of the time, American Cars under a loan have higher interest rates than foreign cars and harder to get if your credit is average. That's the #1 rule of thumb before you do ANYTHING, check your credit score!!!!! and know what you might be walking into before you go for any loan and watch for the end of signing loop holes (which make the rates increase for minor reasons @ signing) Anyone will give you the loan, just WATCH the fine print (Experience talking here!) Also, look for first loaner options, rates can be better for the first time buyer, find an independant loan company through the dealership. Once you go outside the dealership to get a loan, you'll get bombarded with everyone offering you the moon and stars. Don't rush into anything, not matter how much you WANT the car. Good Luck Capitol One Auto finance seems to have the best rates – Make sure you understand that most of the time “higher rates” are not particularly similiar to say a mortgage loan so don’t get scared right off the bat, but try to have a goal of when you want to pay the car off if you buy instead of lease.
Leasing gives you the option for a lower rate with little or no money down, but you walk away with nothing in the end.
Purchasing a car can work like a lease (lease with option to buy-so your money isn’t just wasted)
Also look into GMAC – they are competative with their rates, but they own a lot! They not only finance car loans, but mortgages too (ditech)
Most of the time, American Cars under a loan have higher interest rates than foreign cars and harder to get if your credit is average.
That’s the #1 rule of thumb before you do ANYTHING, check your credit score!!!!! and know what you might be walking into before you go for any loan and watch for the end of signing loop holes (which make the rates increase for minor reasons @ signing) Anyone will give you the loan, just WATCH the fine print (Experience talking here!)
Also, look for first loaner options, rates can be better for the first time buyer, find an independant loan company through the dealership. Once you go outside the dealership to get a loan, you’ll get bombarded with everyone offering you the moon and stars. Don’t rush into anything, not matter how much you WANT the car.
Good Luck

]]> http://financequestionsblog.com/how-to-get-a-good-finance-deal-on-a-car-loan.html/comment-page-1#comment-105 Shaq iz Phat Sun, 15 Mar 2009 02:40:50 +0000 http://financequestionsblog.com/?p=86#comment-105 The best way to get good rate is to secure financing before you go see the dealer. They will usually offer to beat your rate. The best way to get good rate is to secure financing before you go see the dealer. They will usually offer to beat your rate.

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