So, how can you make car buying easier and save some money along the way?
Before you even step into a dealership, you should have this information handy:
- The make and model of car you want to purchase,
- The average market value of the car you want for your area, based upon age and mileage,
- What interest rate you can get from your bank or credit union to purchase the car,
- The prices of similar vehicles in the area,
- Find out the car's history.
- Research the type of car you want to buy and check out reviews of it for specific model years. Maybe that car you thought you really wanted isn't so hot after reading reviews of it.
- Research the car's value. Sites like Edmunds.com will tell you what you should be paying for a car, new or used, in your area. It also tells you how much you should get for a trade.
- Look for cars on Craigslist.com. They list new and used cars, from both private sellers and dealers.
- Check out Autotrader.com. This is another great resource for new and used cars.
- Call your bank or credit union or visit their website to find out current loan information for the vehicle you want to purchase.
- Check out a car's history on CarFax.com. Most dealerships offer this for free, but if not, it is worth checking out for any used vehicles. It will provide information on a car's history from accidents to any service records that might be on file.