During this credit crunch it’s more important than ever for car buyers to know what they’re doing when financing the purchase of a used car. AOL Autos gives some tips on getting the best deal possible.

It’s important to know what you’re getting into before you even start your used car search. The website suggests applying for loans at a local bank or credit union along with some places online, this way you know what your options are before even looking at a car.

The site also suggests keeping your guard up when doing your shopping.

“The deal doesn’t conclude until you drive the vehicle off the dealership’s lot,” writes the site. “So despite how friendly the business manager may seem, remember that she’s there to make as much money as possible for herself and the dealership.”

There may be additional help for people looking to finance a car purchase with the recently passed economic stimulus plan.

As the economy has soured, many lenders have tightened their wallets, but portions of the stimulus bill are aimed at opening up lending which may make it easier for people to get the loans they need.

Find New York Used Cars with New Jersey State Auto.