My dad always told me that if I didn’t have the money to pay for something, I should save up as much as I could and make a large down payment. I didn’t realize how right he had been until I went to get a Car Loan. I was really nervous about applying, because all of my friends had told me about the high interest rates they had to pay on their loans. However, I had followed my dad’s advice and saved up some money, and was able to put down a substantial amount toward my vehicle. As a result, I got much better terms than my friends.