What Do I Need To Know - Before Buying A Car

European luxury brands often have higher service costs than domestic or Japanese commuters. Fuel/Charging: Be realistic about your weekly mileage. 2. Get Pre-Approved for a Loan

Focus on the —the total amount you pay including taxes and fees—rather than the monthly payment. Dealers can stretch a loan to 72 or 84 months to make an expensive car "look" affordable, but you'll end up paying way more in interest. Pro Tip: The "Walk Away" Power what do i need to know before buying a car

Before you step onto a lot, talk to your bank or credit union. Having a gives you a "ceiling." If the dealership can beat that rate, great! If not, you’re protected from high-interest "dealer markup." 3. Choose the Right Vehicle for Your Actual Life European luxury brands often have higher service costs

It’s easy to fall in love with a rugged off-roader, but if 99% of your driving is a city commute, you'll regret the gas mileage. Ask yourself: How many passengers do I carry regularly? Do I need extra cargo space for hobbies or work? Is parking an issue in my neighborhood? 4. The "Used vs. New" Debate Get Pre-Approved for a Loan Focus on the

Don't just look at the monthly payment. Calculate the , which includes:

Are you leaning more toward a model with a warranty or a used car to save on the purchase price?