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On The Money: Securing an auto loan

By Chuck Myers, McClatchy-Tribune News Service –

When financing a new car purchase through a dealer or a lending institution, a buyer should know all the ins and outs of securing an auto loan.

Several websites offer information about car-loan strategies, from comparing different rates in advance to credit requirements and determining a vehicle’s top value. Here are a few sites:

— Offers variety of tools to secure a good auto loan.

— Explores loan-rate comparisons, dealer financing and key payment factors.

—Edmunds: Provides a range of car loan topics, including financing options, a car loan calculator and how to spot yo-yo financing.

—Financial Web: Spotlights four tips for attaining a car loan with little or no credit.

—NADA: Covers a variety of auto loan topics, including credit requirements, vehicle value tips and co-signing.

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