Looking for an auto loan

Friday, August 20, 2010
The best way to buy new car is with cash. But most people don't have enough cash on hand to pay for a car all at once. If you plan to purchase a new car but don't have enough cash, you'll need to finance at least a portion of the purchase. So it's a good idea to try to get a pre-approved loan from bank or credit union before you go new car shopping.

Today you can apply auto loans online without leaving your home. There are plenty of online auto loan sites. Many of the online auto loan services offer both better rates and faster loan approval than you get with a typical bank loan. It may pay to shop around at several Web sites to get the lowest possible interest rate. If you have a good credit record, obtaining auto loan is effortless process and you'll get better interest rate too.

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