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| Saving Money on Cars |
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Tips for saving money on buying a car as suggested by the ThriftyFun community. Do you have any strategies keep you in reliable transportation without spending a bunch of money? Post them here!
Learn Basic Maintenance
If you want to save money on your car, one of the best things you can do is learn to replace your own spark plugs. It's easy and quick, you can learn how online, the spark plugs are about $3-5 apiece, and doing this will increase your gas mileage. Most auto repair shops charge $30-40 in labor fees for EACH of your 4 spark plugs, plus the cost of each part. Something that costs you $15-20 ends up costing over $150.
Also, it is extremely helpful to find someone you know or someone in your community who has a lawn ornament (parts car) that's the same make and model of the car you are currently driving. Work out a deal with them, and use that car to add features and/or repairs to your car you'd otherwise have to buy.
By Daeritus
Buy a Fixer Upper and Do Your Research
I have a few strategies:
1. For the mechanically inclined: Buy a broken car for cheap and fix it yourself but do your research on costs for parts and tools. If you choose this route, look for potential buys from mechanic shops and auto dismantlers.
2. Do your research and find a good used car. I suggest a well maintained Honda or Toyota. The later the model the better. You need to find one that has good service records and hasn't been abused. Racing and performance modifications are a red flag. Stick shift cars tend to be abused more from hot rod driving.
If the car has a lot of miles on it make sure it has had its timing belt replaced and don't just take the owners word. Garage kept cars from older people are usually a good buy. A car's interior is a good indicator of how well the car was taken care of. If the interior is trashed so is the rest of the car.
Avoid primered cars. The primer is usually covering something bad. Try to avoid lemons like the Ford Taurus and Mercury Sable. The more research you do, the better off you are.
By BigLucas
Know What You Want and What You Can Afford
If you are looking at a dealership, or not, your 1st step should be to decide what you are able to afford. The next step is to take a trip to your local Library to check out the Blue Book value of, and Consumer's Reports rating on the vehicle that you have in mind. Now you are armed.
You can get the best deals during the last few days of the month when they are trying to make their numbers for the month. NEVER tell them that you have a trade - until after you have made your best deal and it is IN WRITING. If they won't meet the price that you have set for yourself be prepared to walk away. You would be amazed at what a change in attitude this can create.
Do not postpone your shopping if it's raining as this too gives you an advantage as fewer people will car shop in the rain. Be sure that they will either allow you to have YOUR mechanic check it out PRIOR to buying it, will warranty it themselves, or will guarantee its condition in writing.
One last bit of advice, check the internet for car dealerships that have the same vehicle available and check them all out before making your purchase. You can often use a competitor's price as a lever to lower the price. Good luck!
By Sharon
Buy Used Instead Of New
Don't buy a new car. Always buy used cars. Cars lose value simply by driving them off a new car lot. Try for 200,000 miles on your car. I have known a woman who drove her car for 300,000 miles.
Find a good mechanic or do repairs yourself. Almost anyone can replace light bulbs, air filter, change the oil, etc. Don't be influenced by what your neighbors, friends, or family drive. Be your own person. Do your own thing. Best of luck!
By Carol in PA
Do you have any more tips to share? Feel free to post them below.
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