Abc News Car Buying Tips File

: Avoid being the first to buy a newly released model, as high demand allows dealers to charge MSRP or higher. Waiting a few months for inventory to stabilize can lead to better deals.

: This is a buyer's most powerful tool. Dealers want your money and often hate the idea of a competitor getting the sale. abc news car buying tips

: Secure financing from a bank or credit union before arriving at the dealership. This provides a baseline rate that the dealer may try to beat with manufacturer-backed promotions. : Avoid being the first to buy a

: Be wary of 72-month or 84-month loans. While they lower monthly bills, they increase total interest paid and keep you "underwater" (owing more than the car is worth) for much longer. abc news car buying tips

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