A car loan is your answer! An individual looking to buy a new car will first need to determine their budget. The more money they have to spend, the less theyll have to worry about the price of the car they are considering buying. Conversely, those on a budget will have to give price a lot of consideration. It will be more important. These people will need to seek out the cheapest car loan they can find. This will enable them to get the car that they need without spending a lot of money for it. 10 Tips on Financing a Vehicle and Getting a Car Loan – FederalAutoLoan.com Current Bid: $17.58 See all 3 photos If you’ve got bad credit, your chances of getting a cheaper car loan will be slimmer, unless you take steps on improving your credit record. Source: Do It Yourself Better credit standing = cheaper car loan There are a number places where individuals can obtain pretty inexpensive loans. An individuals credit rating will have a big impact on whether or not a person is able to get a cheap loan. People with bad credit will have to settle for a higher-priced loan, at least until they are able to improve their credit score. The amount of time it takes to improve ones credit score will depend on where a person is starting out. The lower it is, the longer it will take and the more effort will be required. See all 3 photos Source: The Business Navigator Delaware Valley Suggested places to secure a car loan As mentioned above, there are a number of places where a person can get a loan for a new or used vehicle. The bank is one option, a lending institution is another. A third option is a dealer loan. It is always a good idea to shop around. Doing so will ensure that an individual gets the best loan possible. Settling for the first loan a person is offered would be a huge mistake and may end up costing a person a significant amount of money.