- 1). Fill out a finance application with the car dealership, if you are purchasing from a dealer and want to finance through them. Some dealers, such as Longo Toyota, have online applications, which you can fill out before visiting the car lot. Otherwise, you can ask to complete the application in-person. The application is a standard credit application, which asks for your income information.
- 2). Visit a local bank, or the bank website, to apply for a used-car loan. Some Los Angeles area banks that offer used-car financing include Los Angeles National Bank, University Credit Union and Pacific Resource Credit Union. The loan application asks the same questions about your income as the car dealer finance application.
- 3). Use a multi-quote service, such as Lending Tree or Up 2 Drive, to submit your financing application and get offers from up to four national and local Los Angeles banks. You can compare the loan offers and choose the best interest rate and terms for your purchase.
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