Preparation is key. As it has been written in several articles, the choice of the vehicle is vital. You shouldn't be taking up a Car loan that you wouldn't be able to finance. The same goes to the financing company. If they do not know how to do it, they shouldn't be just hanging around. And no, you shouldn't just approve something just because it has been told by the dealer: relies on your gut feelings and choose the finance that you like the best.
Also, food for thought is the possibility to take your short-term savings (if there are any) into the car scheme. Financing the used car will be more expensive than you originally calculated, you can take that as a fact, so the less time you spend paying for it, the better. You should choose a lender specializing in used car finance; if that's impossible, then concentrate finding a lender with good reputation: this is doubly important if you're looking for a lender online. In this latter case you will most surely find independent websites that compare the terms, conditions and offers dissimilar lenders provide. Yes, you will find inexpensive used Car finance opportunities, but do not forget the saying: buy inexpensively, pay greatly.
Should you consider hire acquisition, take the penalties into account: the car will be yours only after you have paid the last payment, until then you cannot sell your car; also, if you have an accident, then the financier may choose to dismiss the contract and demand the full amount to be established. A bit better maybe if you take out a personal loan to finance your purchase: that way you are free to trade away the vehicle, and also in case of an unfortunate accident, the loan scheme remains intact.
As with every loan, the lowest rates are available to those who have the best credit ratings. You may want to look into your rating so that the results don't surprise you.
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