1. Buying a new car evokes a lot of excitement and one ends up paying a higher price for over exuberance in terms of higher interest rate as one plays into the hands of dealers providing car loans who invariably make the customer pay the highest interest rate for the loan.

2. Internet has changed the way we transact and the same is also applicable for auto loans quotes by this online portal which enables one to get the best deal as it turns the table by making the lenders compete for the business.

3. No doubt it is the buyers market and thus the portal is able to offer the most competitive car loans as it has a panel of lenders recruited who bid for the business and one can choose the lowest available quote to get the best deal and of course the best car in market without the need of paying through the nose.

4. This scheme of things for auto loan is mutually symbiotic as a lender is getting business without scrambling for the same in open market and buyer gets the most competitive rate by virtue of this portal which is acting as a mediator and of course it even offers the facility of refinancing the old auto loan to get the most competitive deal.