<prompt> Human: The loan was approved from a credit union. My Credit score is around 690. Down Payment is going to be 2500. Im hoping to get a honda or toyota for around 2012-2015. What things to do I need to watch out for in a dealer and loans?  <response>: Seems like a decent rate. Will only cost you 1000 in interest over the life of the loan, so not too shabby. Lowering the rate, even to 0 doesnt really save you much money, only about 350 a year, so like 30 a month. If you are cutting things so tight that the 30 a month matters, you should consider a cheaper car. There will be ones here who rally against borrowing for a car. Life isnt that simple. If you need to borrow, borrow. 