Car Buying Tips: New or Used Car

Here are some quick tips to help you get in your new car.

Dealing with Dealers: Here are some ideas on how to protect yourself when buying a car.

* Get the price and the rate at which can be financed in writing.
* Make sure any repairs or modifications that the salesman mentions are in writing.
* Don’t be the first to mention a price, make the dealer give you the price before you tell them how much you want to pay.
* Call around. Get a couple of price quotes over the phone.

Know the price: Often times people pay to much for a car because they don’t what price they should be paying. Don’t ever buy the first car you see. Call around and get at least 2 or 3 price quotes for the same car. Check out sites like Kelly Blue Book for used car pricing, or get a new car quote.

Paperwork: If you have your paperwork ready for the loan it will help things move along a lot faster. Here are common elements need to get a loan. Specific dealers may have different requirements.

* Proof of income (such as pay stubs, social security documentation, or pension documentation)
* Proof of insurance
* Proof of residence (a recent utility bill, lease, or mortgage)
* Current driver’s license
* Name, address, and telephone numbers for at least 2 references