Financial Information
What is the best way to find and finance the transaction car better?
What is the best way to find and finance the transaction car better?
Hi I am 20 years is a buyer of a first car. I own a 2000 Ford Taurus and looking to buy a new car. Can I afford more than 300 car payment per month. And would like to trade in my car Where can I go to get the best deal. I do not know what car I want yet. I am new to this so all tips are great!
response from Mom of One Wisconsin
If you can, make a 10-cent dollar and the ticket seller to shake when you try to reach an agreement. If you have money, they negogiate it would be a large down payment and a simple way, a monthly payment you can afford to maintain.
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#2 written by peterthegreat 12 months ago
Don’t buy a car just because it’s a good deal. You’ll regret it later when you decide you don’t like the car. Do a LOT of research on cars you think you might like, then narrow it down to a few, then go test drive them and look them over, THEN look for good deals on the few cars you know you like.
Most car companies now have good incentives and rebates, and dealers are adding good price discounts on top. This is actually one of the best time ever to buy a new car. Here’s a site with information about which car companies have the best deals:
http://best-car-deals.buyerreports.orgI would suggest selling your Taurus yourself, rather than trading. You’ll get more money for it. Then use the money as a down payment on your new car.
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Sell your car on your own trading in is a rip off. New car values drop really fast so if you need to sell for some reason you will be writing a check for thousands to get out from under it because you will be upside down.(owe more on it than it is worth) I wouldn’t buy anything newer than 3 years old otherwise you take a beating. Like the other answer said do you really want a payment? You may also have a hard time finding financing given your age, if you can get it though the interest will be really high.