This often results in making affordable monthly payments

New car prices, used cars for sale & car buying tips. See What's New in 2009 Cars ... Lifestyles & Trends: Autonomous Cars Could Be Future of Auto Industry.One way this happens is by falling into the "low payment" trap and so.. This often results in making affordable monthly payments for a very lengthy loan term or at least and until long after the rain is washing up through the rust holes in your for car's floorboards. This is one of the hazards to watch for in the dealership's financing and insurance, or F&I, office."Anybody can get you a monthly payment you can afford," Susan Tiffany, director of consumer and publishing for the Credit Union National Association, says. But how they do it may not be in your best interest.Interest is the key word. The annual percentage rate that you end up paying will go a long way toward deciding what sort of deal you end up getting.Shopping among lenders is researching current rebate and financing offers, and understanding how dealers can manipulate rates.

It depends largely on you. In fact, understanding your personal financial situation — including what you can afford and what your credit rating is — will help you take advantage of the best offers available.