How to not get ripped off on your next car loan

Some new rules for car loans go into effect in California soon. Check it out before you buy, no matter where you live.

With the passage of the Car Buyer’s Bill of Rights (Assembly Bill 68 from 2005), beginning on July 1, 2006, car dealers will not be able to jack up a consumer’s interest rate by more than 2.5% for most loans and 2% for loans longer than five years. This is a modest step forward, but consumers can do better. To protect yourself from phony financing, follow these ten tips:

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