Loan Shopping

Before you shop for a new car, shop for a new car loan. If you have perfect credit you can get a steal of a deal by financing through the dealership. However, low- or no-interest loans offered by many auto dealers are being offered less and less. Plus, they are usually only available to those people with top credit ratings. Check with your own bank plus a couple others to make sure you are getting the best rate for which you can qualify. You can actually get pre-approved by many banks before you even step foot in the dealership.