The good news is that there is a plethora of brand-new and used cars on the market, and prices can’t be beat. The bad news is the increasing scarcity of auto loans. Lenders now have higher standards for potential car buyers and are requiring larger down payments and shorter repayment periods. As a result, your credit score has never been more important. This section is a good place to start if you’re in the auto market.
Source: http://topics.nytimes.com/your-money/loans/auto-loans/index.html