HOME>> Buying a car

Thinking about buying a car? Well here are some things to consider before you buy. A car unlike a house, whose value increases over time, is not an investment. The minute you drive your new purchase off the car lot it's monetary value drops by about 10 %. This alone is a good reason not to sink all your savings into a new car, but wait there's more. Whether you buy new or used the car payment is not the only money that you will have to come up with every month. Some automoblile expenses include insurance, gasoline, oil changes, personal property taxes, repair, and maintence.

A good way to save on buying a car is to buy a solid used car that's maybe two or three years old. Many dealerships offer vehicles that were leased or used as rental cars. I bought a car like this 4 years ago that had under 10,000 miles on it. It has been a great little car. Another reason to buy a used car is that the down payment, monthly payments and insurance should be substantially less. To sweeten this deal a lot of times the preowned vehicle will be certified by the manufacturer and come with a warranty.

The next step is to negotiate. In order to negotiate effectively you need to know the true value of the vehicle you are considering buying (not the sticker price). This takes some research on your part. But don't worry with the Internet it's easy.

For new cars check out www. carpoint.com , www.autopricing.com and www.kellybluebook.com

For a used car you may again check out www.kellybluebook.com or www.nada.org the Official Used Car Guide of the National Automobile Dealer's Association.

Get Auto Insurance quotes

To find out how to buy repossessed cars Click Here!  

Consider donating your old car

Finances 101 - HOME

ForTheCatLover.com: A website for people who love cats, cat health articles, stories, contest, cat pictures, and lots of gift items for cat lovers.

YourWeddingStory.net: Tips and advice on how to plan the wedding of your dreams, or be the perfect bridesmaid.