Buying a car is a big decision. Besides the year, make, and model, you have to think about financing and auto insurance before you sign the final papers. Many people walk into the dealership hoping to get financing, but to get the best deal, it is important to comparison shop.
There are many different institutions that offer auto financing, and different lenders specialize in different areas. Because of this, it is important to compare financing options and choose the one best suited for your personal situation. Having secured financing can also give you an upper hand in negotiations at the dealership.
Make sure that you are getting the best rate by completing the form at the top of the page.
The auto finance comparison form allows drivers to compare the best available rates among a range of providers. Simply select the type of financing you are interested in, and view the best rates.
When comparing financing, it is important to know your credit score. Your credit score affects the rate you will receive. Your credit score will help identify the type of financing best suited for your needs, as many lenders offer benefits for unique credit circumstances.
Things to Consider When Choosing Auto Financing
It is important to get financing with a low interest rate, practical downpayment, and manageable payments, over a practical term.
- Interest Rate: The rate at which lenders charge to borrow the money
- Down Payment: A portion of the face value of a vehicle that buyers pay to secure financing
- Term: Period of time over which the loan must be repaid
- Payments: Dollar value of the weekly, biweekly, or monthly payments
Browse the pages below to learn more about the types of financing and their benefits:
Learn the laws and regulations that govern auto financing. Knowing your rights will help you understand the terms in your agreement and avoid hidden fees and charges when applying for financing.
Get the right type of financing for your needs. Learn the differences between a loan and a lease and how bank financing differs from dealership financing.
Leasing and financial are different, and they both have advantages and disadvantages. Find out which is best for you.
Banks and dealerships offer different incentives to attract customers. Find out which institution is most appropriate for your situation.
Financing exists to help people pay for a vehicle in a practical and convenient way. Learn how to find the best deal on car loans.