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Before you buy...
  • SLOW DOWN: Speed in the automobile transaction is a very dangerous thing.
  • JOIN A CREDIT UNION: Negotiating skills aren't needed at most credit unions. You generally receive the lowest price you qualify for on automobile loans.
  • BUDGET BEFORE YOU SHOP: Know what you plan to spend on a car before you begin to shop.
  • DON'T BUY ON YOUR FIRST VISIT: All dealerships want to sell you the first time you're there. Why? They make more if you don't shop.
  • DON'T FALL FOR "SPOT" DELIVERY: You know, take it home "on the spot," the first time you've seen the car. Spot delivery means your emotions, not your pocketbook, are ruling the transaction.
  • STOP THE TRANSACTION IF YOU FEEL PRESSURED OR CONFUSED.