Check your credit score and credit report
Pay down existing debt
Gather proof of income, employment, and residence
Set your budget and monthly payment limit
Compare lenders, banks, credit unions, and online lenders
Submit a preapproval application
Provide personal, financial, and vehicle information if requested
Review the loan terms, including APR, amount, and repayment period
Avoid taking on new debt before approval
Choose the best preapproval offer and move forward with the car purchase