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Many people purchase a car with at least some financing. Before you fall in love with a car, do your homework on financing. Know what you can afford and get pre-approved for a loan before going shopping. Being pre-approved means that the lender has agreed to extend a loan to you in a specific dollar amount at specific terms (interest rate and number of payments) and you signed a loan agreement. Often the lender will give you a check with a “not-to-exceed” amount that you can use at the dealer of your choice. You will find some useful information in the publication, Get a Deal on Your Wheels.