I know it’s not the right time to get a loan, but conversely, it’s the best time to buy a car.  How can that be?  And where does that leave me, because I just got a job, which I know I’m ridiculously lucky to have gotten, and it’s a long, non-transportation accessible commute away.  I simply cannot pass up this job, so I have to get a car.  How hard is it to get a loan right now?  Am I better going through a bank or the car company?  I mean, I trust Toyota parts implicitly (it’s totally the brand I would buy), but I really don’t know anything about loans. 

I used an online calculator to figure out what I can afford, but I still don’t know if my credit rating is any good or if I’ll even get approved; my best friend was telling me that a credit score that would have gotten you approved a year ago gets you declined today.  I don’t have an extensive amount of credit history or anything, so I don’t know if I’m going to be able to manage it or not.  I only have about three thousand saved up, so while I can make a great down payment I certainly can’t buy a whole car.  I just find this whole process so overwhelming!  Any help out there?

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