Financing Tips When Buying A New Car

You have to be prepared when you walk into a dealership to ensure you get the best deal and financing terms possible. Dealerships are in the business of making money, so make sure they make the least amount of money off you as possible.    Here are 4 tips that may help you when financing your new car:

1. Understand dealer interest and feel confident in asking the finance manager how much of the rate your are paying is dealer interest.

2. Know your credit score from all 3 bureaus. Don’t depend on the dealership to tell you your own credit worthiness.  If you have the time, fix any outstanding credit issues before attempting to finance your new car. 

3. Be sure you need the extended warranty.  Carefully analyze the details of extended warranties the dealership is offering you. It may not be a valuable purchase depending the price and the coverage of the existing manufacturer’s warranty you may be entitled to.  Dealerships typically make a lot of money off of extended warranties. 

4. Don’t finance unnecessary aftermarket add-ons like rustproofing, paint sealants, and alarm systems. Pay cash after the fact to add these features to your car.

After you buy your new car, call us and we will buy your old car.   We offer cash for cars!

http://www.dollarsforjunkcars.com/
1-855-587-CASH (2274)