Auto Leasing Guide
Go to LeaseGuide.com now !

Car Loans Prior Lake MN

Car loans are generally better understood than leasing, but there's much room for information and advice, particularly for inexperienced car buyers. Many car buyers, particularly new ones, overestimate their ability to pay and buy more car than they can afford.

AutoLoansInMinnesota.Com
St. Paul, MN
 
Prior Lake State Bank
(952) 447-2101
Prior Lake, MN
 
Wells Fargo Financial
(651) 735-3781
1795 Radio Dr Ste E
Saint Paul, MN
 
Bremer Bank
(320) 255-7121
520 1st St NE
Sartell, MN
 
First National Bank of Deerwood Brainerd-Baxter Office
(218) 828-2111
724 Washington St
Brainerd, MN
 
McCarthy Auto World
(916) 420-9923
3350 129th Ave NW
Coon Rapids, MN
 
Apollo Home Mortgage Corporation
(218) 725-9000
1330 E Superior St
Duluth, MN
 
Midwest Bank
(218) 847-9700
Detroit Lakes, MN
 
First State Bank and Trust
(651) 439-2655
5891 Neal Ave N
Stillwater, MN
 
Wells Fargo Financial
(507) 282-2185
401 16th Ave NW
Rochester, MN
 

Car Loans

Although this web site is primarily about car leasing, many of our readers tell us that they have decided, instead, to buy with a loan. They want to know if we have tips and advice that might help them. Hence, this article, just for them.

Car loans are generally better understood than leasing, but there's much room for information and advice, particularly for inexperienced car buyers.

A car buyer's first encounter with loan payments typically comes from car salespeople who ask, "What kind of monthly payment are you looking for?" This is certainly a legitimate question but if you don't know how payments relate to vehicle price, interest rates, and loan terms, you are subject to paying too much, or even getting cheated. You may want to read our article, "."

Why do you need a car loan?
There are really only two reasons for needing a car loan:

  1. You don't have the cash needed to purchase the car you want.
  2. You have the cash, but you have better uses for it, such as for investments, paying off bills, or saving for emergencies.

If you are in the first category – don't have the cash – make sure you've taken a serious look at your finances to understand what you can afford.

Many car buyers, particularly new ones, overestimate their ability to pay and buy more car than they can afford. They often overlook the other expenses of owning and driving an automobile: insurance, gas, oil, routine maintenance, taxe...

Click here to read the rest of this article from Lease Guide