Buying a New Car ?
February 19th, 2006 by admin
Things to consider when buying a new car.
When buying a car, some of us spend a great deal of time researching.
We research because we don’t want to spend any more time than we are required to find the best price on the vehicle we want. We want all the luxuries without the luxary price tag. However, even as a smart shopper, we may overlook some details that could, potentially, save us money.
1) Review your credit report and score.
Your credit score determines — pretty much to the dollar — how much you’ll have to pay to finance a new car. The higher the score, the lower the interest rate.
2) Shop around with your financing options.
Most consumers get their financing through the dealer, which may be able to offer a lower wholesale rate. But that’s not always the case. So before you head to the dealership, find out what annual percentage rates you can get from your bank or credit union or on the Internet.
3) Check for manufacturer incentives.
Manufacturers sometimes offer special financing offerings on certain models — these are typically in the 2.9 to 6.9 percent range, so low that it’s tough for even credit unions to beat them.
Once you’ve found the vehicle you want to buy, apply these suggestions to finance your purchase.
See Also
- Auto Warranties
Research your next car warranty
Posted on Sunday, February 19th, 2006 at 10:57 pm
In Auto Warranty