How to get a car loan in 9 steps

How to get a car loan in 9 steps
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Shopping for the right auto loan is just as important as shopping for the your new car.

Start by setting your budget and checking your credit score to avoid any surprises. Then, get pre-approval offers from banks, credit unions, or other lenders.

Compare the offers, looking for the lowest interest rate. Then, head to your dealership to pick out your car and finalize your loan offer.

Read more personal finance coverage.

If you're shopping for a car, chances are you're also shopping for a car loan.
Getting a loan for your new (or new-to-you) car purchase may sound daunting, but it's not hard. Follow nine steps to make sure that you're getting the best possible deal on your future car's financing.
Financing can be arranged either on your own or through a dealership. While dealership financing can be the simplest way to get your car financed, it isn't always the cheapest. Make sure to shop around with other lenders to know what interest rates your credit and circumstances are eligible for.
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