It is a good time for car buyers as car companies are coming out with attractive offers and discounts to get rid of their burgeoning inventory. The cheap used car market is also a good option to go for if you are short of cash and do not want to buy a firsthand car for now.
The car loan scenario is also encouraging with lenders willing to offer lower interest rates. Of course, a lot depends on your credit score and track record, but you would do well to make use of the benign interest rate regime to cash in on some good cheap used car loan offers and buy that cheap used Citroen car.
You can start off by comparing the various offers on the websites of such lenders. Making use of the car loan calculator would also help you in ascertaining the loan amount you qualify for as well as the payment schedule you would have to follow. The car loan calculator however does not take track record or credit score into consideration. Those will help you get better interest rates when you actually start talking to the lenders.

published: 15/03/2010