Borrowing money to buy a car isn't hard if you have two things - sufficient income and a good credit rating.
Choose your new set of wheels and negotiate a price with the seller (see 'eHow to Buy a New Car').
Research interest rates. Several Web sites, such as Bankrate.com, publish surveys of loan rates across the United States. Compare the rates with those offered by your local bank, credit union or car dealer.
Find out what your current car is worth as a trade-in. Research values in the Kelley Blue Book Used Car Guide, available at the library, your bank or on the Internet.
Determine how much of a down payment you can make. Use your trade-in value and cash - or just cash - to come up with the standard 20 percent usually required. Talk with the car dealer that has the new car you want.
Apply where you find the best rates, and the length of the loan and monthly payment fit your budget.
Consider saving more for a down payment or choosing a less expensive car if you don't qualify.
Build a better credit rating if that's what causes you to be turned down. Try again after six months of paying your bills on time.
