learn what other users had to say about

the Cost of Auto Loans

Price 
Location 
Submitted by  
Description
$ 10000
9
Mar 2007
San Diego, CA
Auto loan with no money down  more... close row
$ 15000
0
Feb 2007
Chicago, Illinois
Chose special financing rate over rebate  more... close row
$ 21000
6
Jan 2008
Pella, IA
Better deal through bank than dealership  more... close row
$ 750
9
Mar 2007
Port Angeles, WA
Loan with overextended credit  more... close row
$ 15000
15
Dec 2007
Littleton, CO
Didn't really shop around for different rates  more... close row
$ 23900
7
Aug 2006
Columbus, GA
Payments high but interest rate low  more... close row
$ 120
10
Apr 2008
Warren, AR
Loan for car purchase  more... close row
$ 10000
37
Jun 2008
San Francisco, CA
Bad interest rate the only option when you have bad credit  more... close row

Description of service

The service was for a loan from the auto dealer where I chose to purchase my vehicle; I needed to get my car from a place that would garuntee financing since I have really terrible credit.


Review of Service

The service at the dealership was very nice; they were very polite and so on.

The interest rate is terrible; this is why they are able to say that anyone will be approved- what they don't tell you is that you may be approved but at an incredibly high interest rate.

This is acceptable though, since they were honest about the rate and why it was that high. Unfortunately I do not qualify for a better rate in any other way since my credit is so bad. I need a car for my job though, and with financial obligations.... I felt stuck taking this rate.

A big positive is that if I choose to buy another car, I will be able to negotiate a better rate from this dealer or from anyone else since I have taken this loan and paid it back on time, improving my credit record.


Tips

keep your credit record good!

shop around for best rate

don't be afraid to ask more about their rates, get them to justify and so on.


$ 8300
14
May 2008
Sylacauga, Alabama
Prompt and courteous service  more... close row
$ 0
0
Oct 2010
City, State
gWTNEF <a href="http://priauvafcnfp.com/">priauvafcnfp</a&g  more... close row
$ 0
10
Nov 2007
Evansville, IN
Trade in but no down payment  more... close row
$ 19000
0
Jan 2006
Tampa, FL
Didn't think could qualify for best financing  more... close row
$ 11000
5
Aug 2007
Kennewick, Washington
Honest salesman helped rate go down  more... close row
$ 22000
6
Jun 2008
bradenton, flroida
Very helpful bank for car loan  more... close row
$ 14500
8
Nov 2007
Havelock, NC
Refinancing auto oan  more... close row
$ 25031
11
May 2007
Delaware, OH
Rude and pushy sales staff  more... close row