How to obtain the cheapest car loans mitch strohm mitchstrohm april 9 2010 in auto loans getting a car loan can be a hassle but shopping around can save you thousands in interest payments . Car loan also auto loan car financing a car loan is simply a contract between you and a lender where they agree to provide you with the cash to buy a new or used car and you agree to pay the money back over time unless you get a zero percent financing deal youll have to pay interest each month on the loan balance. How to get a car loan purchasing a vehicle can be an exciting experience and also a pain in the wazoo if you havent done your homework below youll find information on how to obtain an auto loan without getting taken to the cleaners. Auto dealerships are not the only place to obtain an auto loan other options are credit unions banks online lenders or peer to peer p2p lending sources in most cases your car dealer wont have the best auto loan however some dealer offers cant be beat so its important to compare loans. How to obtain a car loan having a car is an essential thing in life being without your own form of transportation can make life very difficult riding the bus or having a friend drive you to work or to go grocery shopping can be very annoying you might have reached a point in your life where you have decided to finally buy a car
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