The end of the year is the perfect time to buy a new car. Dealers are eager to clear out old inventory so they can make room for the 2008 models, and there are deals to be had. But before setting foot on the lot, it's a good idea to know where your financing is going to come from. The dealer would prefer to have you use their financing because they make more money on the deal that way; but it's in your best interest to secure your own financing, especially if you've had credit problems in the past or been turned down for a loan. Sure the dealers's lending company will work with you, but they'll likely charge a much higher rate than you could find elsewhere.
Financing a car can be a challenge no matter what your financial situation, but there are companies out there that can help. Whether you think financing may be an issue, or just want to make sure you're getting the best rate possible, a good place to turn for help is TheCarLoanCenter.com.
Simply log on to the site at www.thecarloancenter.com, complete the one-minute auto loan application and within 24 hours a loan officer will contact you to go over terms. Then when you go to the dealer, you'll know exactly what you can afford based on the sticker price on the car, and can hopefully negotiate a better price from there.
United States auto sales dropped sharply in June and July, and with inventories of pickup trucks and SUVs rising amid a downturn in sales, analysts expect GM to announce a fourth-quarter price cut. In order to stay competitive, other manufacturers will likely follow suit, and that could mean a record number of deals will be closed between now and December 31st.
Make sure yours is one of them by logging on to www.thecarloancenter.com to secure your financing now.
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