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How Consumers Can Get The Best Car Deals

images-1.jpgAccording to a recent report, new car shoppers could do a lot more to ensure that they get the best deals on insurance, financing and new car warranties.

Only 64% of motorists said that they would ever attempt to negotiate the price of a new car.  Also, when planning on trading in their current vehicle, over 2 million drivers said they wouldn’t even take the time to research the current value of their vehicle.  In addition, more than 30% of motorists admitted that they probably wouldn’t even take one hour to research how to pay for their new car.

Unfortunately, 91% of car shoppers couldn’t explain what the term ‘lease purchase’ meant.  This is a term used in many auto-financing deals.  In addition, 50% of shoppers said that they would make a new car purchase without any insurance quotes.

America is known for being a nation of bargain hunters, yet motorists seem to be falling short when it comes to buying a new car.  It’s essential for car shoppers to do their homework when looking to purchase a new vehicle.  Insurance, financing, and an auto warranty are a crucial part of the car purchasing experience.  So, it is important to shop around in order to get the best deal, otherwise you will find yourself paying for it.

Posted on Tuesday, April 21st, 2009 at 3:48 pm In New Car Warranties  

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