Financing your next purchase

There is no bigger part of the new car buying process that can go more wrong for the buyer, and more right for the dealer. Financing can suck the money from your wallet and put it into the dealer's quicker than you can say "APR" three times in a row !

We typically recommend getting a loan from a credit union or your regular bank, and staying away from financing your new car at the dealer. However with low/no APR deals popping up all over the place, it's getting attractive to look at the dealer for financing and alternative internet financing that has become much more aggressive in the last 2 years.

 Be aware, the low/no APR deals are only for you folks with very good credit. If your credit is not stellar, then shop the rates at your local bank, credit union and definitely online before going into the dealer.

* Always have your credit report information before applying at any dealer to put you in a better negotiating position. Click here for the Car Buyers Club's recommended credit reports available today! *

If we get one thing across to you let it be this... Most dealers make a bonus if they can talk you into a higher interest rate. The actual lender may be willing to finance you at a lower rate, but you will never know if the dealer tries to talk you into a higher rate. Ask to see the approval documentation from the lender so you know you are getting the best interest rate and the dealer is not padding the deal.

Below the Car Buyers Club provides you with financing companies that you should always compare for your best deals.