If you have bad credit loans out and are trying to get bad credit auto loans to finance a newer car, it is suggested that you wait until your credit score is in better numbers. You will end up paying so much more than the average person and car dealerships are typically not known for being nice and giving you a good deal. If you do still want a car and need bad credit auto loans, then do your homework ahead of time and find out what percentages you will likely encounter when you go to the dealership. That way you know if they are over financing the bad credit loans.