Here's a New Site for Car Loans
If you're needing a car loan anytime soon, I wanted to alert you to a new service that launched this week called ClearLane. They are backed by Ally Financial, which is one of the top auto lenders in the US.
ClearLane is a marketplace for car loans, and has a network that includes more than a dozen national, regional and local finance providers.
They claim you can get rates as low as 2.84% and average savings of $101 per month when refinancing a car loan through them.
It's always good to get multiple bids on your car loan, so I recommend you get quotes from them and see what kind of results you get. Since this is a new marketplace, be sure to Email Me and let me know your experience - good or bad, so I can pass on the results to my readers.
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
California Residents - Important:There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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