If you are planning to buy a used car using a used car loan, there are several things that you need to be aware of. Used car loan is very different from a new car loan because there are things that affect the loan itself such as the 鈥済 oing 鈥?price of the car. Generally, most banks do not grant loans for car which are over five years old. But there are instances wherein banks grant loans for older and inexpensive cars but this may entail higher interest rates. Those people who have good credit score do not actually have problems obtaining either used car loan or a new car loan. But what about the people who have bad credit score? Will they still be able to obtain even a used car loan? The answer is always yes. It is always possible to obtain a used car loan regardless of your standing credit score but obviously, it is slightly harder to find a used car loan with a bad credit score. If you are buying a car online, there are car dealers which offer used car loans to people with bad credit score. But make sure that you compare their interest rates before you actually buy car from them. Also, when buying a car online, you might want to seek help from car transporters in receiving your car. The services that auto shippers offer can also be availed online. You just have to do a little search on your favorite search engine. Getting a used car loan does not necessarily mean that you need to stay with it. If you find a better deal, this is because there are a lot of lenders who are willing to refinance a loan. This may save you more. Learn more about auto shippers and see which car transporters offer the best service.