Car Loans First - Best Car Loan Rate

Car Loan Rate Calculator - Pre Quailify

Use the car loan calculator below to estimate the amount you can finance .

1.)Select a credit profile

Good Credit

700

Fair Credit

625

Sub Prime Credit

575

Bad Credit

525

Really Bad or No Score

NA

2.) Enter monthly income

Monthly Income before taxes:

3.) Enter monthly re-occurring debts

Rent or Mortgage:

Min. Card Payments:

Garnishments:

Other Loan Payments:
(Exclude utility bills and Car Loan)

Qualified Auto Loan Amount*

Enter your postal code:

USA    Canada

Best Car Loan Rate

Car shopping can be both a frightening and an exhilarating experience at the same time. It should be fun, because buying something as important as a new vehicle means that you get to look at all the new models with their new and improved handling, safety and convenience features. But at the same time, buying a new car can be daunting because, lets face it; you want to be sure you got the best price possible as well as the best car loan rate.

One of the most important steps in getting the best car loan rate possible is knowledge. This means knowing your credit history and knowing your credit score. You can sign up for a service from any of the three credit bureaus – TransUnion, Experian and Equifax – that will, for a fee, furnish you with monthly reports with your credit score as well as monitor the inquiries on your credit report.

The other alternative is to apply for your free credit report from each of the three bureaus and space these reports out to cover the entire year. You can also receive a free FICO score from a number of web sites, such as creditkarma.com.

Once you are familiar with your history and you know your credit score, the next step is to determine if you qualify for a regular car loan (a credit score of 640 plus) or if you will need to pursue a bad credit car loan. Shopping for the best car loan rate on a regular car loan means you need to check with your local banks as well as your credit union and determine the best rate. Armed with this knowledge, you can walk into your local dealer with confidence.