Auto loan pre-approval demonstrates to dealers that you're a serious car shopper and helps you avoid overpaying on financing, ...

An auto loan preapproval is when a lender declares they intend to offer a loan for a certain amount to help you purchase a car. Here's how to get a preapproval letter for a car loan.

How long do you have before a preapproval letter on a car loan will expire? Each lender has its own expiration on preapproval letters, which may range from 30 to 60 days, on average.

Before shopping for your dream car, knowing how to get pre-approved for a car loan can be a game-changer. This guide walks you through how things work.