Don't Get Taken Every Time

Remar Sutton



This guide gives advice on every aspect of purchasing a car, including determining budget limits, buying new, used, or foreign cars, negotiating a deal, and financing arrangements

What will you learn from this book

  1. Do Your Research: Before entering the dealership, thoroughly research the car you want to buy or lease, including its market value, features, and any potential issues. Knowledge is your best tool against being taken advantage of.

  2. Understand Financing Options: Be clear about different financing options and interest rates. It’s essential to know your credit score and shop around for the best loan rates before visiting the dealership.

  3. Avoid Impulse Buying: Dealers are trained to create a sense of urgency. Take your time to make informed decisions rather than succumbing to high-pressure sales tactics.

  4. Negotiate the Price: Always negotiate the price of the car. The sticker price is not the final price. Use your research to haggle and bring down the cost.

  5. Beware of Add-Ons: Dealerships often try to sell add-ons like extended warranties, paint protection, and other extras. Many of these are unnecessary and overpriced.

  6. Know the Trade-In Value: If you’re trading in your old car, know its market value beforehand. This prevents the dealer from undervaluing it and rolling the cost difference into the new car loan.

  7. Understand Leasing Terms: If leasing, understand all the terms, including mileage limits, wear and tear policies, and end-of-lease costs. Leasing can sometimes end up being more expensive than buying.

  8. Read the Fine Print: Always read the fine print in contracts before signing. Ensure there are no hidden fees or unfavorable terms that could cost you more in the long run.

  9. Shop Around: Visit multiple dealerships and compare prices. Different dealers may offer different prices and incentives for the same car.

  10. Be Prepared to Walk Away: Don’t be afraid to walk away if the deal doesn’t meet your expectations or if you feel pressured. There are always other options and dealerships to explore.

Language English
ISBN-10 0140465979
ISBN-13 9780140465976
No of pages 400
Font Size Medium
Book Publisher penguin
Published Date 28 Apr 1983

About Author

Author : Remar Sutton

1 Books

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