How to Shop for a Car Loan
If you’re thinking you’ll just get financing at the dealership when you buy your car, you’re setting yourself up to pay too much. How will you know it’s a good deal if you have no frame of reference against which to judge the offer? You’ll be much better off with a pre-approved loan in hand. In addition to feeling more confident about the process, you’ll have a bargaining chip to get you a better deal when you’re at the dealership. Here’s how to shop for a car loan. 1. Start with Your Budget The first thing you need to do is figure out how much you can afford to pay for your new car. Make a list of all your … Read more