The Most Common Car Buying Mistakes To Avoid

When you're setting out to buy a new car there are many things that you wouldn't want to see a dealership do to you as a buyer, but there are also some things that you should not do as well. Try not to alienate any of the dealers out there as they may be the one that has what you want for the price you want.

You should always shop around, try 3 or 4 different places if not more and compare price, options included and what other inclusions you can get. Once you get all the details you just might end up at the very first place you tried so if you burnt that bridge, your deal just might be unavailable due to your previous dealings.

Some dealers will really stick it to you if you tried to pull one over on them. They have many avenues that they can hide extra cost and use your need for their deal against you.

Here is a list of "what not to do" that you should abide by if you are really looking to work with a dealer to get a really good deal.

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1. If you're looking to trade in your exisiting car, don’t try to pull one over on the dealer by lying about the condition of your trade in vehicle. It is just a lie that you can’t get away with, and could cause many cost increases later. You might even be better off to round it down a bit so you'll be pleasantly surprised when they look over your trade in and the final numbers are calculated.

2. Don’t bother looking for a car if you have had a recent bankruptcy because you will not get approved anyway. In this instance, you'd better have the cash to pay for the car outright. Having said that, there are a few loan providers that will consider you a little bit down the road if you're employed and show signs of steady income.

3. Don’t give the dealership a deposit and then try to take it back for no reason because you should have researched the car before making the purchase. You can also lose money on the return and then you stuck looking for another car deal. (Can't stress it enough, DO YOUR HOMEWORK)

4. Don’t bother lying about your debt load and credit rating because they will check it anyway. Get you credit check done in advance so there are no surprises. I've mentioned this before and you're seeing it again, so it must be important to know your credit situation. Again, you can get an Equifax Credit Report for $15 or you can also try FreeCreditReport.com

5. Don’t offer any money for a car unless you already know the dealer cost because you are setting yourself up to get ripped off. Always deal the cost of the vehicle and only the cost of the vehicle, you can haggle the other stuff later.


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