Tips for Purchasing a
Vehicle |
By Remar Sutton, President
The Consumer Task Force for Automotive
Issues
- SLOW DOWN: Speed in the
automobile transaction is a very dangerous
thing.
- JOIN A CREDIT UNION: Negotiating
skills aren't needed at most credit unions.
You generally receive the lowest price you
qualify for on automobile loans.
- BUDGET BEFORE YOU SHOP: Know what
you plan to spend on a car before you begin
to shop.
- DO YOUR HOMEWORK: Sellers can't
tell you if the cars they sell are unsafe or
mechanically unreliable. Use non-commercial
sites like the Center for Auto Safety.
- DON'T DEAL WITH DEALERSHIPS THAT
REQUIRE YOU TO SIGN A MANDATORY ARBITRATION
AGREEMENT: Call dealerships before you
visit them.
- DON'T BUY ON YOUR FIRST VISIT:
All dealerships want to sell you the first
time you're there. Why? They make more if
you don't shop.
- NEVER LEAVE A DEPOSIT UNTIL THE
SELLER HAS AGREED TO YOUR PRICE: Sellers
want your deposit so you can't leave.
- DON'T FALL FOR "SPOT" DELIVERY:
You know, take it home "on the spot," the
first time you've seen the car. Spot
delivery means your emotions, not your
pocketbook, are ruling the transaction.
- STOP THE TRANSACTION IF YOU FEEL
PRESSURED OR CONFUSED.
- REMEMBER THAT THE PRICE OF THE NEW
CAR ISN'T WHERE SELLERS MAKE MONEY: Many
dealers will sell you a car for "cost" but
can still make thousands on you.
|
Websites with further information |
|
|
|
 |
|
|
 |
 |
 |
|