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The number of dealers offering auto loans has become more because of the competition in car business. The possibility of getting a package that does not fit is therefore very low. Most manufacturers use the same new car franchise model. Using the old model, dealers were paid based on the sale price of each vehicle, but now dealers may choose to paid based on the total number of cars they have sold. This has forced the dealers to lower the prices of their vehicles and thus in turn attract more buyers. Due to this reason, the number of people seeking auto loans has increased, and so have the lenders too. The number of lenders in the market is growing every day. Each has its own different package for loan applicants. Now is the best time for you to submit your car loan application.