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Be realistic and know your budget, regardless of the scenarios you plugged into your auto loan calculator. Car loan delinquencies are on the rise, given the downturn in the economy. Consumers do not have as much disposable income and, often, paying their auto loans is given lower priority than mortgages or utility bills. Banks are scrutinizing auto loan applications more now, due to the delinquency rates and the tightening credit market. Examine your budget and use an auto loan calculator to determine if you can afford a loan before you even begin to look at applications.