Many car buyers start the car financing process at the dealership, but that’s not the only way to find an auto loan. A better way is to compare your own offers with ones the dealer provides. As the middleman, a dealer could raise your APR and take the difference as profit. By getting auto loan offers directly from lenders before going to the dealership, you know the rate you deserve, one without a markup. A car loan offer or preapproval from a lender may give you a huge leg up in getting your best auto loan.
When you fill out an online form on LendingTree, you’ll receive up to five car loan offers from lenders at once, depending on your creditworthiness.
Compare Auto Financing Offers
Auto Interest Rates
Auto loans are usually simple interest loans, which means that the interest on the loan is determined based only on the principal balance of the loan. Auto financing may be used to purchase cars and other vehicles, such as boats, RVs, motorcycles and ATVs.