VIDEO ON MSN MONEY
I sell cars. Yes 14 years now. Actually am a Finance Manager now and have seen a lot. . Are there crooks out there? Yep , in EVERYTHING . Rule 1 : Be smart, it's your money and YOUR decision .Okay, I do recommend getting pre-approved , test driving and meeting the sales people face to face. Finance: Pre-approved at your bank or CU may or may not save you money but at-least you have something to go by for rates. Test Drive: Does it smell, smoke, rattle etc.. , Takes care of that , Hell yeah take it to your mechanic. If the dealer says no , RUN!
Negotiating: Doing the negotiations over the phone or internet is NOT the best way to buy a car. One : you can't actually see the car completely ( Test Drive) . Two: Does it smell, rattle etc...( Test Drive again) . Three: Look the sale person in the eye and tell them they have a set time ( be realistic) to get you YOUR deal. Four: Is the dealership nice and friendly , would you be happy to take your car there for any work? If you don't like the dealership personnel or whatever , DON"T BUY THE CAR!. Finance: Stick to your guns. Extended Service plans ( Warranty ) is NOT required by ANY lender to buy a car but be sure you understand if the benefits offered are of value to YOU or not. Guaranteed Auto Protection ( GAP) I won't buy a car without it, Pre=paid maintenance ( Do your homework on costs of maintenance , does give you a record of things being done for any warranty issue) Other stuff? Your decision. It's a part of life . Be prepared , be firm and get on with your life.
America. Where everyone brags about how little they paid for their car and how much they paid for their house.
Based on the number of experts posting today, I'm surprised the poor car dealers even have a chance. Here's a clue Shadetree. The dealerships do this for a living.
Let's face it ,there is no such thing as a good deal . THe best possible move is to buy a 2 or three year old car with low or average mileage for the age of the car and don't finance it for any more then three years. PERIOD !!!!!!!!!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'