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Budget & Finance - Auto Buying

Have a financial or budget question? Click here to submit a request! Click here to share your budget and finance tips.
Previous 10 Showing 11-20 of 29 Articles Next 10
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Car Buying Tip 8 - Stick To Your Plan
Stick to your plan... you made a plan, didn't you? If not, make a plan! BEFORE you go to the dealership, decide what a fair deal on the car is. Why? If you do not have any expectations as to what is fair, the salesman will declare a high price, and then you will struggle to lower it.
Posted on: 12/07/2005 | 0 Feedback(s)
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Car Buying Tip 7 - Say No To Coffee, Yes To Water
Don't accept coffee at the dealership. It will make you edgy. Do bring an ample supply of water and drink frequently. Why? First, it will keep you alert, and second, it will allow you to go to the restroom frequently, where you can collect yourself and look over your notes to make sure you are on track.
Posted on: 12/06/2005 | 0 Feedback(s)
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Car Buying Tip 6 - Sit Next to the Salesman
When you are negotiating with the salesman, sit next to him, not across from him. Insist on it. Tell him you are not comfortable reading his writing upside down. Why? Psychologically, he will feel as though you and he are "on the same side." Sounds silly, but it really works. If it is impossible, try sitting beside the desk instead of in front of it.
Posted on: 12/03/2005 | 0 Feedback(s)
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Car Buying Tip 5 - Write Down Everything
Write down everything you lean about the car, from the internet, magazines, and especially from the salesman. Why? Doing this keeps everybody honest, and literally "on the same page" - YOUR page! Your salesman will see that you are writing down everything he says, and he will be less inclined to lie, or to try to change information on you later on.
Posted on: 12/02/2005 | 1 Feedback(s)
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Car Buying Tip 4 - Double Check The Dealer's Math
Whenever the finance manager calculates something, insist that he show you the calculation. Why? The easiest place for dealerships to take more money from you is in the monthly payment. It is VERY common for dealers to increase monthly payments by just a few dollars, even $20 per month, over about a five year period is like giving the dealership $500 extra on the spot.
Posted on: 12/01/2005 | 0 Feedback(s)
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Car Buying Tip 3 - Set a Budget
Know what you can afford before you visit the dealership to buy! This means talk to your personal banker or credit union officer before going to the dealership. Why? Some dealerships might actually WANT you to sign on for a more expensive car than you can afford so that you will then default on your loan and they will repossess the car.
Posted on: 11/30/2005 | 0 Feedback(s)
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Car Buying Tip 2 - JUST Look Around
Make at least one trip to the dealership JUST to look around and drive the cars. Promise yourself you will not buy that first time, no matter what. Why? So that you can go home and look up information on the internet, including dealer cost, safety ratings, option prices, and any manufacturer to dealer incentives that the dealer has certainly not told you about!
Posted on: 11/29/2005 | 1 Feedback(s)
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Buying Used Rental Cars
I have seen some good deals on used rental cars. They seem to be in great shape and usually have about 20,000 miles on them. Does anyone have any experience with buying used rental cars?
Posted on: 11/25/2005 | 12 Feedback(s)
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Buying a Car at Auction
Has anyone ever bought a car from a car auction? If so, did it turn out to be a good car and did you save a lot of money?
Posted on: 09/21/2005 | 6 Feedback(s)
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Buying a Used Car
I am about to start looking for a used car. I hope to buy a car that is a few years old. Does anyone have any good advice to use when I start shopping?
Posted on: 08/02/2005 | 10 Feedback(s)
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Previous 10 Showing 11-20 of 29 Articles Next 10

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