Forget everything and listen... It used to be a nightmare finding used car loans with low interest. At a time when all the media is telling you how hard it is to get a car loan, you may be surprised to find out that you may not be rejected after all.

It is now a reality - you are shopping for a car and want the best interest rate possible but you don't know where to start. You have done your budget and know that you only have a certain amount of money each month to pay for your next car.

In this article you will discover different options that can help you get the best car with the best interest rate.

Needless to say having to pay a higher interest rate can put a strain on your household budget. However, if you have less than perfect credit you may have to pay a higher rate of interest.

Don't be disappointed yet...

Buy-Here-Pay-Here Lots! Needless to say don't make this your first option. Usually you will pay a higher rate at these types of places and over pay for the car you get. Don't get pressured into thinking your only option is a "Buy Here Pay Here" lot.

Banks or Credit Unions are your next best avenue for financing. Normally you can get a better rate, especially if you have been doing business with them in the past. These places may be more inclined to work with you, even if your credit is marginal.

A case in point... with auto sales down below normal, many lenders are bending over backwards to loan money now days.

You may also want to work with an Auto Broker as they have access to more lending institutions then just the one or two you may deal with. And besides the Broker represents you and not the lender...but more importantly you end up getting the best rate on your loan. Auto Brokers usually can save you time and money, as they will do all the legwork for you, so you don't have to run all over town trying to get approved.

An Auto Broker can answer hundreds of your questions openly and unbiased because they aren't tied into just one lender. They will shop the lenders for you and get you the best rate possible. They have resources for used car loans low interest programs that you may not be aware of.

You've probably heard that it is difficult or impossible to get a car loan now days. Don't get sucked into all the negative news you hear. Think about it... banks have to loan money to make money! And right now they have lots of money to loan.

Imagine, for a moment, that it's a week from today...and you are driving your new car and all your friends are jealous of the great deal that you got. Here's your opportunity to be the superstar and get your dream car when everyone told you it couldn’t be done. You went out and found the best used car loans low interest deal in the area.