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When it comes to the car loan application, you will find that not only will you have to wait some time to be approved, but also you will want to take at least an hour at the dealership The difference between filing and application online and at the dealership is just in time. It's about the same questions, but you can do it in the convenience of your own home. You will be able to get a car loan application at the dealership in the morning, and then fill out all the paper work during the day.

You can then take it back to the dealership after work or just later in the day. This way you can get everything you need to without spending hours at the dealership. That is a few ways that you can save some time on the car loan application, but why does it take so long at the dealer?

Well, first, it takes them an hour to assess what your current trade in is worth. You will hang out in the lobby and they will start some of the paper work for you. Then you sit some more so that they can clean your car out and take your keys. You may also wait some long for the paper work to go through, and then you realize that once you can leave, it's been three or even five hours. It takes a lot to be able to purchase a car and then drove off with it. Some of the time you do not have everything or come unprepared to purchase and the timing of your wait is even more of a hassle because you have to go home or come back later. But, as for the car loan application, there are certain things that you need to fill out.

You will need to fill out all your location information. Then you will need to state whose names go on the title. Sometimes there is only one or you may include your mate on the title. Then you have to gather your driver's license and insurance information. Some states require you to have insurance and some don't. For you to drive off the lot, you have to have insurance in most states. However, you need to know your laws. If you are caught driving without insurance, you're in a lot of trouble, but it's not a requirement for all states to show proof before purchase.

Then you fill out all your loan options. They will tell you who you are filling with and the rates and they will make up all the number so that you don't. Then you fill out whose paying for it and any co-signers. When you sign the contract, it is binding. If you sign your name you just bought yourself a car, so you may sure you can follow through with the payments. There are no returns on cars.