Have you noticed yet that it’s hard, if not impossible, to always know if you are getting the best car loan rates?

Wouldn’t it be amazing if there were a system where you could always get the best car loan rates – and never had to worry about it? Before I explain this new system to you, let me first explain the reality of why it can be so difficult and frustrating to get the best rate.

It all begins with your homework. Yes, I know that is a dirty word, but it can help you save hundreds, if not thousands in interest over the life of the loan.

• Know your credit score. There are many places on line where you can get a free credit report; FREECREDITREPORT.COM is one of these sites.

• Check your report for accuracy. Many times there can be mistakes on there that will hurt you when the dealership runs your credit score. Make sure that there are not any errors that shouldn’t be there before you go car shopping!

• Start a savings account, or use one you have! Having a decent down payment can also allow you to improve your situation and get the best car loan rates Denver.

• Pay off credit cards. Take your smallest credit card and pay it off, then put that money toward the next largest one and so on and so on until they are paid off. This will greatly improve your credit score!

• Shop Around! Different lending sources offer different rates. Some lenders are a little more understanding toward one-time situations such as divorce or loss of job.

• Check with your Friends at your own bank. Although it is not difficult for any lender to learn about your financial history, the relationship you have with your bank may be your best alli.

• Lending from the right dealership may be a wise choice! Because of the volume a dealership gets financing for, often they have the most resources to go to for the best car loan rates Denver! Beware that some dealerships play the middle-man and add interest points for their own pocket-padding!

• Go on line and get pre-approved! If your credit score is clean, use the internet to get pre-approved to help with the negotiating process!

• Know your budget! Take the time to analyze how much you can spend per year, per month or per week for your next set of wheels!

• Beware of 0% Interest Rates! These are usually a sign that you are giving up a larger discount somewhere else within the price of the car! Be sure to weigh out the differences!

• Take advantage of the times! With the economy in the state it is in, you may have more negotiating power than you realize! Be prepared to haggle to get the best car loan rates Denver.

• Bad Credit, No Credit, No Problem! There are certain lenders that specialize in tough-luck situations and may be your best source to get the best possible interest rate available.

Are you exhausted yet?

Don't get discouraged. It isn't as bad as it seems. Do you homework and research and you'll be surprised just how easy it can be to get the best car loan rates in today's market place.