Car FAQs |
Car FAQs and Tips for Buying and Selling |
November 17th, 2006 at 10:18am By Mike Lambert
Under Auto Financing: Buying New Cars: Car FAQ
Negotiate and settle on an exact price for the car before you discuss financing. Sometimes dealers will give you a break on one aspect of a car purchase–say, a low-rate loan–but then increase up the price of the car to compensate. Beth Kobliner, Get a Financial Life (1996)
Popularity: 15% [?]
November 17th, 2006 at 10:15am By Mike Lambert
Under Auto Financing: Buying New Cars: Car FAQ
Be wary of financing options that require “no money down” or a very low down payment. A low down payment increases the size of the loan you will need and the amount of interest you will pay over the life of the loan. Beth Kobliner, Get a Financial Life (1996)
Popularity: 13% [?]
November 17th, 2006 at 10:14am By Mike Lambert
Under Auto Financing: Buying New Cars: Car FAQ
If you are interested in buying a new car, before you set foot in a dealership, check with a credit union and at least two banks. In some cities, the difference among bank rates can be more than four percentage points.
Popularity: 14% [?]