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Carwoo is a new negotiating service that just launched nationwide. A huge benefit they offer is keeping your personal information secret from the dealership until you are ready to finalize your new car purchase. With the $49 "plus" plan that I would recommend Carwoo sets up a reverse auction for you so you will always get the best price. The $19 basic plan lets you negotiate without revealing your contact information. Check out our new car dealer ratings & reviews page. Is your local new car dealership listed? Check Before you shop.Click Here! People Keeping Cars Longer: CarBuyingTips.com user data shows that due to the economy, people are keeping their cars longer and more people are buying used cars instead of new cars. It's a good idea to protect your investment in an older auto with an extended warranty. Learn what to look for in an extended warranty and how to avoid getting scammed in our chapter How to Buy and Extended Warranty and Avoid Scams.
Our $avOmeter Blasts through the $11 million savings level! CONSUMER ALERT: With the credit markets seizing up like a bad Yugo motor, a lot of people think it is impossible to get a car loan, but that's not true! Be sure to read our car loan tips page to learn how you can get financing in this tight credit market. Quick Start New Car Buying Guide: How To Save $2000-$4000 When You Buy A New Car, Truck, SUV or Minivan.
The Way To Save Cash On A Car or SUV Is With Competing Bids
Take advantage of historic rebates and incentives! Read our new guide First Time Car Buying Tips For Teens & Safe Teen Driving. This is required reading for all young adults buying autos.
Where to get new car invoice pricing and rebate information |
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My Lexus Deal: Read How I Saved $5500 Buying My New 2004 Lexus GX470 SUV. It's full of my strategies for getting your best deal when buying a new car.
How Bad Is Your Credit?
Before buying a new car, you MUST get your credit report and credit score from Experian, Equifax or TrueCredit. Then auto dealers can't lie and say: "You have bad credit." Most people have black marks that need to be removed before applying for new car loans. Dealers should never know more about your credit than you.
Which New Car Dealer Scams Did You Fall For?
Most new car dealers are honest, but there are some who will scam you. Read our annual Top 10 New Car Dealer Scams.
"This new car is hot, everyone pays MSRP. We don't have to sell it cheaper."
A common sales tactic in auto sales. If they have any in stock of your new car or SUV, then it's not in demand or there would be 6 month waiting lists. If your new car is not "in demand," then you should "demand" less than MSRP for your new vehicle.
The Best Time for New Car Buying
Many people ask when to buy new cars. Read our tips on the best time for buying new cars.
When buying new cars, don't trade in a car you owe money on!
I get complaints from people who traded in a used car they owed money on to buy a new car, and 2 months later were shocked to hear the new car dealer did not pay off their car loan in 10 days as promised. With this scam dealers pay you less for your trade than they promised. When the bank calls, YOU are responsible. The car loan is still in your name, until the dealer pays it off. When buying new cars, if you trade a used car in, make the dealer put in writing that he will pay off your car loan in 10 days, or no deal. Then he is liable.
Early Car Lease Termination Without Penalties? Taking Over a Short Term Lease?
Shift your strategy away from terminating an auto lease early, trading your car and paying huge penalties. A better strategy is transferring your car lease to another person via an auto lease trade. Sites like Swapalease.com and LeaseTrader.com can do a car lease swap for you, and reassign your auto lease to another buyer, saving you thousands. You can also use them to take over a short term lease, where the previous owner already took the big depreciation hit.
Sell Your Used Car Yourself
You can get $3,000 more for your car at online auto classifieds sites like Cars.com.
Auto Refinance your car loan to Lower APR in a few days
Read our useful chapter Auto Refinancing Tips & Scams to Avoid
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FRAUD ALERT: Read our Investigative Report: Consumer Guide To Avoiding eBay Fraud, Escrow Internet Fraud, Check Fraud, Auto Fraud and Nigerian Scams. Our work on these scams was profiled by an MSNBC. If you're selling autos online, don't accept a cashier's check until you read our report. These car buying fraud and escrow fraud scams nail hundreds of victims daily on cars, cameras, jewelry, computers. If a seller tells you to use an escrow other than escrow.com, it's probably a scam. |
Not Every Car Salesperson Is Out To Scam You
We've dealt with many honest new car salespeople. We're here to educate new car buyers and only belittle car dealers who lie and cheat. Most automobile dealers care about you and will give you a great new car deal. They deserve to profit, they have mortgages, "mouths to feed", and so do you, so haggle a new car deal that is fair for you and the automobile dealer. Treat them with the same respect that you would expect, and don't lie. Justify your offers in a professional business manner. The nicest new car dealer can still be a tough seller. Salespeople who complain we are lumping all car salespeople as "sewer rats" misread the word some to mean all. Don't forget furniture stores, who mark up 400%. With 50% off sales, they still double their money. We had our furniture shipped from wholesalers in the Carolinas. Read my article How To Buy Home Furniture From Furniture Stores. Jewelers cheat too. On my site BridalTips.com, read How To Buy Diamond Engagement Rings And Avoid Scams.
Do's and Don'ts When Buying new cars:
- NEVER bring your checkbook with you to a car dealer to buy new cars
- Put deposits on a credit card. Run from automobile dealers who "only take checks."
Auto Transport & Car Transporters
