How to buy a new car

Itching to buy a new vehicle? Make sure to do your research and read below for tips and tricks to enhance your car buying experience.

Difficulty: Moderate

Instructions

1. Decide how much you can afford. Set a limit and stick to it.

2. Next sit down and do your research. Think about what kind of vehicle you want and what options are available. If you plan on financing your new vehicle, pull your credit report ahead of time and look for discrepancies.

3. Take your time and visit a few different places. The more you look the more your expectations could change. You may have to go home and do more research after the first initial visits.

4. Once you have found a vehicle you are interested in, begin negotiations with the dealer. Take advantage of any trade ins, dealer incentives or rebates offered. Also bring quotes from other dealers if possible.

5. Shop your loan. Check your back and local credit union's financing against dealer financing. A few points could make a huge difference.

6. After you have reached an agreement; sign the paperwork, insure the vehicle and enjoy your new ride.

[StarrySkye]

on 11/3/2008 Hoping to buy in the next month...thanks for the tips!