• Determine how much you can afford to finance and spend on a monthly payment
by using the “Monthly Spending Plan” worksheet in this booklet.
• Get a copy of your credit report so you are aware of what creditors will see. Errors or accurate negative information can impact your ability to get credit and/or your finance rate.
• Identify your transportation needs.
• Check auto buying guides, the Internet and other sources to find out the price range and other information for the vehicle you want to buy.
• Compare current finance rates being offered by contacting various banks, credit unions
or other lenders. Compare bank quotes and dealer quotes; there may be restrictions on
the most attractive rates or terms from any credit source.
