Want to know How To Finance a Car, Here is a video tips for you.Make sure you get the best possible terms on your car loan by doing your homework.
How To Finance a Car

Tips Mentioned on How To Finance a Car:

• Try to scrape together a down payment of at least 15 percent, which will greatly reduce your financing costs.
• Search online for sites that compare current auto-loan rates.
• Resist the temptation to finance a car for longer than 48 months. You’ll be paying so much in interest that if the car is stolen or wrecked, you run the risk of owing more than the car is worth.

Is is smart to finance a car while in college?—By Angela
I have an ACURA CL 1998. Today, I found out that the transmission has major problems. The car is getting older and I am having to do repairs much more often. I don’t know if I should try to fix the car ( it could cost $900-$2,500) or if I should trade in and finance. I don’t know what the smartest thing to do is. Any suggestions?!?!

Thanks to —The Eagle Keeper
I cannot tell you what the smartest thing to do is. If you know the car is about to die, try to get rid of it now for as much as possible. Getting a car on credit is hard whilst in school. Many lenders see you as a risk b/c of uncertain finances and/or student debt. They see you as someone who may not be able to repay the loan while in school. This is where a good used car bought with a co-signer is applicable. If you trade it in, the dealer won’t give you anything for it but take it off your hands. It will be auctioned off asap. It’s worth nothing to them dead. Anyway, getting a loan by yourself usually requires two yrs of steady full time employment, credit scores of 720+. and a manageable debt to income ratio. Meaning you can focus most of your take home income back to the car loan. Good luck!