An Auto Adventure
A car-buying guide
Starting Your Research and Preparation
Type of vehicle:
Age of car:
New or used:
Choosing a vehicle can be a daunting task. Many websites list a lot of used cars, like cars.com or autotraders.com. If you are looking for a used car, a search on Craigslist and Facebook Marketplace can also be helpful.
Understanding the True Cost of the Vehicle
Vehicle service contract:
Ways to Pay for Your Vehicle
Negotiating for Your Best Deal
Do your research:
Test drive the car:
Inspect the car:
Be ready to walk away:
You will get the sales contract once you have agreed on a price. This contract will list additional costs such as sales tax, documents, and service fees.
Finalizing the Purchase
Price of the vehicle:
Fees and taxes:
Extras and add-ons:
By ensuring all these numbers match up, you can avoid surprises or misunderstandings and confirm a smooth vehicle purchase. It would help if you left with the car title and a signed copy of the bill of sale.
Need a Little Extra Help?
Some of the tools include:
2 Turnley, Sara. “Preparing to Buy a Vehicle.” Financial Fitness Group, . Accessed 9 Oct. 2023.
3 Kagan, Julia. “Dealer Financing: What It Is, How It Works.” Investopedia, . Accessed 9 Oct. 2023.
4 Zinn, Dori. “Banks vs. Credit Unions: Which Is Best for Taking out a Personal Loan?” Investopedia, . Accessed 9 Oct. 2023.
5 Rivelli, Elizabeth. “How to Buyout Your Car Lease” Car and Driver, . Accessed 9 Oct. 2023.
6 “What Is a Vehicle Identification Number (VIN)?” Autocheck.Com, Forbes Magazine, 22 Aug. 2023, . Accessed 9 Oct. 2023.