If you are thinking of buying a used or new car there are a few things that you should do first.  Taking some simple steps can save you money and make the car buying process easier.

First of all, consider buying a used vehicle.  All new cars lose approximately 30% of their value as soon as you drive them away from the dealership.  With a used car you don’t get that immediate depreciation.

Look at vehicles that will help you save money at the gas pump.  There are many new hybrids and cars that are fuel-efficient.  With all of the options, there is no need to buy a fuel-guzzler.

Next, try to build up a down payment.  Many people put little money down on a car and are surprised by the steep payments they are making the first four years of ownership.  Consumers should try to put down 20% if possible.

Finally, purchase an auto warranty when you purchase a vehicle.  Many people opt not to do this and they end up paying unnecessary maintenance and repair costs.

Following these simple tips will mean big savings down the road.  Make sure to do your homework before driving to the dealership.