Loan term- It is critical that you recognize how long the loan you are about to borrow will be paid on. The longer the loan, the lower your monthly payment will be each month. However, it also means that you will end up paying more in interest and thus more overall for your vehicle.
APR- Your annual percentage rate (APR) is critical to how much you pay on this auto loan as well. You want this number to be as low as possible. It will be determined based on your credit score as well as the place that finances your auto loan. Pay very close attention to this number.