How to approach and what to look for when buying a NEW car?

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How to approach and what to look for when buying a NEW car?

by Cars & Motorcycles
May 7th, 2009

I’m working and saving up to buy a new car. I’m looking at buying a new Dodge Charger (won’t buy it until next summer though). When I go to buy the car I will have nearly 2/3’s of the MSRP ready for the down payment. I have no credit (except for a cell phone in my name) but in December I am going to take out a small loan and repay it so I can establish credit.

What I need to know is how the whole process of buying a new car works. What do I need to look out for? How do I prepare myself or whatever? etc. etc. etc.

Can anyone give me tips or point me to the right websites where I can learn about this stuff?

This article was posted on Thursday, May 7th, 2009 at 17:45. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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There Are 3 Comments To This Article

Paul May 9th, 2009 at 03:35

read good site.

Ren H May 12th, 2009 at 03:42

Be confident, and remember They need your business, you don’t need theirs, there’s plenty other dealers out there who can help. And don’t reveal how much $$$ you have for down payment, they’ll try to get all of it.

manny May 15th, 2009 at 13:42

Before buying a new Dodge Charger, you should reasearch the term “negative equity”.

If you cannot afford to put 20% down and make payments for 48 or fewer months, then you truely cannot afford to buy a Charger.

If you finance for 60 or 72 mos, you will be in that car for at least 5 years, or will do yourself severe financial disservice by financing thousands of dollars of negative equity into a new loan.

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How to approach and what to look for when buying a NEW car?

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