Before I go shopping for rates at a bank or credit union, is there any information I should have with me?
The more information you gather before shopping for a car loan, the more accurate a quote you can receive. Think about:
- Whether you are looking for a new or used car
- The general type of car you are interested in (if you don’t have a specific make and model in mind)
- What you can afford to pay for a car loan each month
- How quickly you want to pay off the loan
- The down payment you can afford to make