The end of the year can be an excellent time to buy a new car since dealerships are making room for next year’s models, and the following tips may help you make a purchase you won’t regret.
Do Your Research: What do you want in a vehicle? While you may have your heart set on a certain make and model, you might discover you’ve been unduly swayed by advertising when you dig a little deeper.
Get Pre-Approved: Dealer financing may not always be the best way to go, but even if you do choose that route, shop around and get pre-approved from a credible financial institution. According to Edmunds.com, when you walk in with an approval, you’re more likely to get a better interest rate.
Figure out What It’s Worth: Helpful resources, such as Kelley Blue Book (KBB.com) and Edmunds.com, can help you determine the going rate for any car before you enter the dealership—and knowledge is power!
Read Before You Sign: That sale is final, so read before you sign on the dotted line.