It is extremely important for the car loans applicants to act responsibly if they do not want to waste precious funds. Do not forget that the Car Loans borrowers should not try to obtain more funds than the ones they can afford to repay when the loans are due. This signifies that the car loans applicants should not try to purchase a too extravagant vehicle. On the contrary, it will be wise for these persons to drive a normal car. More your future vehicle costs, more you will have to pay as interest. Analyze carefully your repayment capacity before applying for auto loans!