Car Loans

I am looking for a used car and I want to fund it through my bank. How do car loans work? Do I need to find a first car or can I get money from the first bank? What if I get a loan for 12k and I found a car that is 10k - I need to give back the extra 2k?

Go to your bank or credit union and approved for a loan. Go to the dealership and buy the car. They wrote the contract or purchase order and you can take to your bank or Cu and your loan is the amount of the purchase of the car. The dealer may have access to your bank or credit union directly and they can take care of all paperwork. They may also be able to get a better rate than the bank.

http://houston.craigslist.org/ctd/964016867.html

100% loan approval car "not a credit problem" Flag

When you buy a used (or new) of the vehicle, most people make simple mistakes that cost large amounts of money. I know a company that finances used cars, if you want to try, then here is the URL http://www.carloansmadesimple.com you complete the loan application form. Report Abuse

It is preferable that you find your first car so the bank can tell you if they can lend you money, maybe the person asking too much money, etc. If you just take a personal loan for 12 Grand and pay only 10 for her, I would pay the money because now you will have the higher amount and maybe they will reduce your payments? You never want to take more money than you really need, you'll be in debt more.

If you do it through your bank, you need to find the car you want first, then contact the bank because the bank will need the VIN number of the cars to begin the loan process!

I would check with your bank first to see what the maximum they are willing to offer based on your credit accounts, etc. Then, take the pre-approval letter with you when you go shopping for a car show that you have the funds necessary to follow through the transaction.

Good luck

Go to your bank and you pre-approved, then look for a car. If I could I would buy Atlanta. The cars are cheap.
If you could pay for the clean heart, and then shipped, you could save.

When you get approved by your bank, your going to just get a check for "amount" of your car. Also, these days, seeing that I'm also going through this, and my family has been in auto sales for 22yrs. Your best bet, if you can, is to get to fear a 2005 or newer, no more than 32,000 miles on it. This way you can always get a manufacturer's warranty, or before making the transaction, ask them to put one in the offer. But never ever say how much money you have, do the trick first.
And the search for the car you want.

Good Luck

First, understand what you can afford to pay. Be sure to include estimates for insurance, gas and maintenance. Then go to your bank and tell them what you can afford a payment - and they'll tell you what they think you can afford a payment! Once you have your funds guaranteed, you should have the upper hand on any transaction car. PLEASE take a well informed about cars and car sales with you. Have any color you look inspected by a mechanic outside distributor. Once you have a car and agreed a price, the bank check to the vendor for the exact amount, and you have a car!

What you do is the easiest way for you. Go to the first concession. choose what car you want, work on the price. They will be up to an order buyers. This Wil.