Car loan interest rates are higher now.

Tips on how to get a lower car loan.

- A high credit score before applying for a car loan will help you get the lowest interest rate. To do this, pay off your credit card balances and make sure you pay all your bills on time.

- Get pre-qualified with a lender to get a lower car loan rate. Which will let you know how much you can afford to pay for the car before you buy it.

- If your credit score is not good, you can bring a guarantor with a better credit score, which can be spouses or parents, to get a lower car loan rate.

By Terra TEAM