2007-02-17 00:01:45 · 4 answers · asked by rdinty 2 in Cars & Transportation ➔ Buying & Selling
The first place to check is with your local bank. Then check online to see what interest rates are available for Automotive Loans.
Many lenders will advertise low auto loan rates, but typically those are only available for short term loans, and generally apply to their customers who have depository accounts with them.
At the dealership, they should quote you rates and terms upfront, and let them know that you are going to "rate shop" for the lowest possible rate, and they will typically be very competitive.
As for term, that will depend on the amount you are financing, the type of vehicle, and your credit score. The longer the term, the higher the interest rate.
Buying the car is only part of the transaction, and it is the easy part: obtaining financing is really the major part that most people don't think about, so do tons of research and homework, and you can save yourself thousands of dollars.
2007-02-17 02:18:36 · answer #1 · answered by Robert S 3 · 0⤊ 0⤋
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2016-09-26 15:35:07 · answer #2 · answered by ? 3 · 0⤊ 0⤋
you will could positioned up a declare on your vehicle coverage business enterprise. in case you had a private loan on the motor vehicle i know you're able to have collision coverage. what is going to ensue is the coverage will pay you an volume of what they think of the motor vehicle is worth. Then in case you compromise on the quantity they'll deliver you some records, and a examine. you will could sign the records and deliver those lower back. The examine would be on your call and alos the economic business enterprise's call. What you will do from there is take the examine to the economic business enterprise, and if there is an volume left over then you definately gets the reminding volume. See in case you have hollow coverage. in case you have that, and the coverage business enterprise only will pay you like a million,000, then hollow coverage will pay for something. Now do no longer think of that the inebriated driving force is getting away with homicide, because of the fact he ain't. Your coverage business enterprise will bypass after him for the quantity that they paid. you are able to now continually bypass after him in small claims courtroom. If he does not have the money, then his wages would be in all probability be garnished. If I have been you i'd touch your coverage business enterprise or a criminal expert, and spot what they think of. i know that with some attorneys the 1st quarter-hour are unfastened. i wish that i became into some help to you, and that i'm sorry for what occurred to you. some human beings do exactly no longer think of in the past they do.
2016-11-23 14:44:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋
By shopping around to find the place with the best Interest Rate on new, or old automobile loans.
http://www.capitalonefinance.com
There's one!
.
2007-02-17 01:59:34 · answer #4 · answered by rob1963man 5 · 0⤊ 0⤋