Mortgages | Car Loans | Personal Loans | Debt Consolidation | Credit Reports | Credit Cards
Taxes | Managing Money | Credit Help | Checking Accounts


Auto Loans

Auto Savings Home
-How to Conserve Your Gas
-Best Car Insurance Rates
-Money Smart Commuter

-Interest Rates
-Auto Warranties
-Car Insurance
-Dealer Info
-Car Loan Basics
-Buying & Selling
-New Car Info
-Used Auto Info

Personal Loans
Debt Consolidation
Credit Reports
Credit Cards

 -Managing Money
 -Credit Help
 -Checking Accounts



Below are some great tips that will help you save money when buying a car.

  -- Buying a car is going to be cheaper than leasing one. When the lease is done, you own nothing. On the other hand, when you car loan is done, you own you car.

  -- When looking to buy a car, try and shop around on a rainy day. As a result of the poor weather, dealerships will be less busy. Therefore, you will likely get a better deal on a car purchase.

  -- Get a copy of your credit report. Make sure there are no errors or outdated info that can hurt the auto loan interest rates offered. If there are errors listed on your file, you can learn how to remove them.

-- Try and leave a down payment on your new car pf at least 20%. Also, try not to take out a car loan for more than four years.

-- Are you trading in a car? If yes, make sure you know what the trade in value of your car is before going into the dealership.

-- If possible, visit several different dealers to try and get the best deal on the car you are interested in. Let it be known that you are in contact with several dealers. 

-- Research to find out if regional incentives are available in your area for the car you are purchasing.

-- Never buy on impulse!

-- Always negotiate price, financing terms, and trade-in value separately. Dealers will typically try and combine some of these transactions together.

-- Come to an agreement with the dealer on the final sale price of the vehicle you want. Then negotiate financing, rebates and incentives.

-- Always be ready to walk out of the dealership if the offered price is not what you want to pay.

-- Apply for pre-approval auto financing before you go auto shopping. This will allow you to get the best auto loan interest rates from the dealer if the dealer offers financing. However, obtaining financing from a dealer may not be the best idea.

-- If you can, sell your car privately. You will get more money than if you were to trade it in.

-- Make bi-weekly payments for your car loan. This will help you save money in interest.

-- Buy a car that is 1 - 2 years old. The price of the same make and model of a new car will be significantly more. A 1 - 2 year old will likely be almost identical to the same car new. Here are some more used car buying tips.

-- Look for a wholesale dealer where you can find a car coming off of a lease. These types of cars are sold as certified pre-owned vehicles.



Home | Apply NowCommon Questions | Auto Loan Glossary | Interest Rates
Auto Warranties | Car Insurance | Dealer Info | Car Loan Basics | Rebates | Saving $ While Driving
Buying & Selling | New Cars | Used Autos | Contact Us | Car Loan Info

Bad Credit | No Credit | Bankruptcy
Used | New | Students | Person-to-Person| Dealerships | Refinancing

1998 Star Loan Services Inc.. All Rights Reserved. Privacy