Credit repair rewards are here! You've worked hard to improve your credit
score and are finally ready to buy a new car. You've found the
perfect model and are confident that you can afford it. Sounds
simple, right? Wrong. Buying a new car isn't cut-and-dry. Give your
newly-minted credit score a spin by following the strategies below. They will help you secure the deal you deserve.
1.
Control your trade-in. If
you
plan to trade in your current vehicle, don’t let the dealership
dictate the value. You're likely to receive much less than the
Kelley Blue Book price, diminishing your buying power and
lengthening the life of your new car loan. Before making a trip to the
car lot,
consider selling your car on Craigslist or EBay. This strategy allows
you to set your own price and bring cash to the new sale. Make the
most of your assets—opt for the do-it-yourself approach before
agreeing to a trade-in sale.
Clare
and Jim are shopping for a 2014 Mini Cooper Countryman. Their local
Mini dealer has three models available, all priced above $30,000.
“This
is strange,” Clare says. “The Mini website said this model costs
around $22,000.”
“That was the starting price,” Jim reminds her. “Maybe we should build our own model.”
“That was the starting price,” Jim reminds her. “Maybe we should build our own model.”
Jim’sassertion is an important one. An already-customized car isn't going to offer many discounts. Take a lesson from Clare and Jim and
consider customizing. Choosing your upgrades will allow you to take
advantage of the things you need (e.g., a cold weather package) and
avoid the things you don’t (e.g., an overpriced sound system).
Resist the urge for instant gratification and choose the best option
for your finances. Your debt-to-income ratio will thank you.
1.
Control your trade-in. If you plan to trade in your current
vehicle, don't let the dealership dictate the value. You’re likely
to receive much less than the Kelley Blue Book price, diminishing
your buying power and lengthening the life of your new car loan.
Before making a trip to the car lot, consider selling your car on
Craigslist or EBay.
http://www.americanconsumercreditrepaircenter.com

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