Owning a car is now a necessity, especially if you need to commute to work. Daycare facilities, doctors, shops and workplaces are mostly situated further away from one’s house, making commuting by bike, foot or public transport difficult.

People who want to buy cars borrow money in the form of car loans every year. The average car loan amount is about $30,958, which is clearly a lot of money to be repaid with interest. As a result, it is extremely important to find a car loan that best suits the car buyer’s needs. Whether it is an online upstart or a brick and mortar bank, a car loan needs to be flexible with a person’s situation.

Some of the best car loan services that are provided online are:

These online car loan services have quick approvals, good support, and resources with attractive rates of interest.

• CarsDirect
  This is one of the well-known cars purchasing services that also provides a portal to acquire the best car loans. It provides an extensive range of customer-friendly information, like the trade-in value calculator, loan calculator, and various articles related to car loans and the strategies of purchasing. There is no ceiling amount as to how much or how little the amount needs to be. The services are the best for smaller car loans on used or older cars. Educational resources are also provided by them to help the borrowers make wiser decisions.
• MyAutoLoan
  They connect the customers to lenders giving out all types of loans, with the additional advantage of permitting the application for the lease buyouts. They have an interest rate estimator that helps estimate how much one needs to pay for the car loan depending on their credit score, type of loan, and location. They also provide calculators that help in the estimation of what the person can borrow and what they need to pay for a certain amount of loan. Its services have no associated application fee.
• RateGenius
  It is easy-to-use well-designed service that can connect customers with more than 150 lenders who are competing with each other to offer the best car refinancing loan or lease buyout options. They have a vast network of potential lenders.
• OneMain Financial
  This is a trusted and stable lender that serves millions of customers. They are well known for their courteous and responsive online service in many of their personal branches. They are willing to lend to the customers who have a less-than-perfect credit score. Moreover, the Better Business Bureau has given them an A+ rating.
• ClearLane
  This platform matches the customers to the lenders. It is a refreshed and straightforward service. After the anonymous filing is completed, they present the customers with an estimate of what they qualify for and what they will have to pay.