PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
What are the steps to apply for a car loan and buy a car?
I want to apply for a car loan for the first time, but I have no idea where to start. What are the steps in applying for a car loan and shopping around?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
To get a quality
car loan
with the best interest rate and shop around successfully, you have to put in a bit of work. But don’t stress! It’s relatively straightforward. Here’s what you need to do:
- Check your credit report to see your score and settle any credit disputes or delinquencies
- Shop around for preapproval on auto loans to get the best rate
- Use your preapproval letter to shop for a car and set your budget
- Find the car you want and negotiate the price with the dealer
- Sign a final deal with the lender of your choice
- Buy your car and drive off the lot
Don’t forget one important step: securing full coverage car insurance. Full coverage car insurance is required as a stipulation of any loan. That’s where
Jerry
comes in. Sign up today to compare rates from over 50 insurers to find the best rates possible!View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
.jpg&w=64&q=75){kind=avatar}
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
