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Tips for Smart Car Shoppers Dearborn MI

This article provides you tips for buying a car. Following the detailed tips below, you definitely will become a smart car purchaser.

Local Companies

Village Ford Inc
(313) 565-3900
23535 Michigan Ave
Dearborn, MI
Lafontaine Import Motors Inc
(313) 730-2100
2027 S Telegraph Rd
Dearborn, MI
Jack Demmer Lincoln Mercury Inc
(313) 274-8800
21531 Michigan Ave
Dearborn, MI
Superior Pontiac-Buick-GMC Truck Inc
(313) 846-1122
14505 Michigan Ave
Dearborn, MI
Bill Wink Chevrolet
(313) 357-2750
10700 Ford Rd
Dearborn, MI
Bill Wink Chevrolet
(313) 582-5400
10700 Ford Rd
Dearborn, MI
Superior Pontiac-Buick-GMC Truck Inc
(313) 846-0040
15101 Michigan Ave
Dearborn, MI
Ford Franchised Heavy-Duty Trucks
(313) 849-0800
3550 Wyoming St
Dearborn, MI
La Fontaine Honda
(313) 565-5100
2245 S Telegraph Rd
Dearborn, MI
Jack Demmer Lincoln Mercury
(313) 274-9028
21551 Newman
Dearborn, MI

  1. Know what you can afford. Decide what type of car you really need, and set a price range that fits your budget.
  2. Research. Gather all the information you can find " including safety, quality, fuel economy, and insurance information " to learn about the vehicles on your short list.
  3. Review your credit report. Get free copies of your credit report once a year by calling 1-877-322-8228 toll-free or visiting www.annualcreditreport.com.
  4. Comparison shop. Compare interest rates and loan products from a variety of sources including banks, credit unions, online lenders, and dealers.
  5. Understand the difference between buying and leasing. Download a free government publication called "Keys to Vehicle Leasing" at www.federalreserve.gov/pubs/leasing.
  6. Educate yourself. Become familiar with common financing terms and practices so that you're able to make informed decisions.
  7. Negotiate. Take time negotiating the vehicle's price as well as the financing. Make sure the terms are acceptable before signing the contract.
  8. Understand the meaning, value, and price of optional services. Examples include credit insurance, guaranteed auto protection, and extended service contracts.
  9. Read contracts carefully before signing. Ask questions about anything you don't understand, and be aware of any laws that are specific to your state.
  10. Make your payments on time. Avoid late or missed payments. Repeated missed payments could lead to repossession and damage your credit. A negative mark on your credit report could affect your ability to get credit in the future.

    Click here to read the rest of the article at JDPower.com

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