Getting a loan as a college student has become increasingly easier over the past years with more and more students attending higher education every year. The best thing to do when trying to decide how much money you need, what kind of car you should buy or what you need along with your new car is to do research. CarBuyingInfo.org is your one stop for everything you need to know.

There are many options now for you to receive a car loan. Most all colleges have some sort of financing arm that will lend money to students for more things than just tuition. They usually do it at great rates too since they know you most likely will not be able to get a good interest rate anywhere else with no credit. Before you do any loan searching, it’s a good idea to check your credit score and get a credit report so that you have the necessary information to take to lenders and explain why you need money for a car. Equifax is the company who will get you your credit report and MyFico.com is the company that will hook you up with your credit score.

Next, make a list of cars that you think you can afford. Compare them on price, gas mileage, reliability, seating and storage room. These are all things that will become very important down in college for both saving money on the road and then being able to fit all of your stuff back in your car to head home. Start a vehicle search with Edmunds.com who will get you free car quotes and comparisons for any cars you are interested in.
When you are searching for a car, compare the prices between new and used versions of the cars you like. If you can possibly get a new car for a little bit more than the price of a used, go for it. You will get factory warranty and a lot of headaches erased from your life. If you do have to buy a used, please make sure you buy Extended Warranty with a company like SmartAutoWarranty.com. They will cover your costs if anything goes wrong that is not covered by insurance. Get a free, no obligation, extended auto warranty quote in less than a minute with them here!

If you buy a used, read up on our Guide To Buying A Used Car. This will help you out with A-Z in buying used cars and what to look for. There are many scams out there in the used car world, especially for first time buyers who don't know what to look for. Remember to always run an AutoCheck®Vehicle History Report and generate a free VIN check. Both can be taken care of by them.

Once you have decided the car you want and have an idea of how much money you need, go to MyAutoLoan.com and process a loan application. You don’t need to buy, anything, it is just a goood bargaining tool to take with you to other lenders. Once someone sees you have gotten approved for a loan, they can then try and you’re your interest rate and monthly payments. MyAutoLoan.com will give you a good interest rate to beat and you can get it done in minutes.

Don’t forget to factor in the price of car insurance. That can be expensive for drivers in college, especially males under 25. It can run a couple thousand dollars. We recommend NetQuote.com to begin your insurance check. They search all the insurance sites on the web to find the best price. Once you generate the rates, head over to AIG Direct, the best auto insurer in the country, who can try to beat the other rates. They are great with college students.

If You Do Go To The Dealer

1. Look for Dealer or manufacturer backed rebates and cash back bonuses for first time car buyers or specifically college students.

2. Try and get zero down payment, or flexible down payment options. .

3. See how long you can defer starting to pay your monthly payments. Some places will let you go a year without paying a dime.

4. Free Roadside assistance.

5. Zero percent financing and f you can’t swing that, demand low interest rates.