Should I calculate my loan payments before going to the dealership?

Should I calculate my loan payments before going to the dealership?

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With regards to financing your car, it's always a good idea to calculate what your approximate monthly loan payment is going to be before you go to the dealerships. This is mostly so that you can make sure that there's nothing funny going on when you actually go down and negotiate the price of the vehicle. If you've done your financial research, and you know that the vehicle you're going to buy at your percentage rate over four years should be x per month, and they're coming to you with a monthly loan payment forty dollars higher, this is something you want to investigate before you sign for the car.