Take the time to research the car you want before visiting the dealership. Know your numbers - the dealer cost, the sticker price, the price of options you are interested in - and then find a salesperson you are comfortable with. If you're intimidated, you won’t negotiate … [Read more...] about Be prepared to negotiate (and possibly negotiate again and again) to secure the best price on a car

Dealers are always looking for ways to make extra profits, so sometimes they offer services that are not car-related, like life or disability insurance. Although it might seem convenient to purchase this type of coverage at the same time as purchasing your car, it is usually … [Read more...] about A car dealer isn’t a life insurance agent

If you can afford it, pay cash for your car. You'll avoid finance charges, interest on the car loan, and you won't have to worry about monthly payments in your budget, either.A LOZO expert posted this tip. … [Read more...] about Boost your budget by paying cash

Think carefully about why you want a new car, and assess whether it is something you need (i.e. additions to the family) or just something you think might be fun. In the exception of situations like the driver who puts an extreme number of miles on a car - and who, therefore, … [Read more...] about Rethink the urge to buy a new car if your current one is running well & meeting your needs

While most of the time buying a used car will save thousands over a new one, occasionally a specific car or situation will buck that trend. A new hybrid, for example, may be worth a few extra thousand dollars in upfront cost if it means saving thousands (in gas costs) over the … [Read more...] about Don’t rule out a new car without crunching numbers – sometimes the overall cost is comparable or more favorable than a used car