How to find the best rate
Internet comparison
Elsewhere on the Internet, comparison loan shopping has gotten much easier. Most bricks-and-mortar banks and credit unions offer Web site auto loan quotes and applications.Then there are online lenders like E-Loan and Capital One Auto Finance (formerly PeopleFirst), which have been offering highly competitive rates.
Get three quotes
It’s smart to get about three different loan quotes. If one seems especially low, verify that it’s an actual offer to lend you money at that price and not just a gimmick to get you signed up before the real numbers appear.