| Of course you want a new car but do you really | | | | - Know your credit score. You are entitled to a |
| need a new car? If you are desperate and do | | | | free copy of your credit report once a year. |
| really need a new car please don't let the car | | | | Take advantage of this service but be careful as |
| dealer know. This could work against you. | | | | some companies get you to enroll in a service |
| Remember the car dealer is not your friend | | | | that costs you money each month. If you find |
| (unless he is your friend) and this is a business | | | | any errors or problems with your credit report |
| negotiation. Do not get emotional. | | | | get them resolved before buying the new car. |
| But way before you go to the car lot to start | | | | - Shop around for financing. Your bank or credit |
| the negotiations for your new car, there are a | | | | union is a good place to start. Know current rates |
| few steps that you have to take in preparation. | | | | and terms before talking to the dealer about |
| The internet is a great research tool. Use it! | | | | financing. You want the best deal for you. |
| - Know what car you want to buy. Search the | | | | - Know beforehand if you want to trade-in your |
| internet for info on the car you are considering. | | | | current car. Know the car's value before going to |
| Go to car lots and shop around. Just be clear on | | | | the car lot. This is another bit of information that |
| exactly what car you want to buy. | | | | you can find through searching the internet. |
| - Use the internet to find out about what the | | | | - When you do start the negotiation process, |
| dealer paid for the car you want. Remember the | | | | remember that you want to arrive at a fair price |
| invoice price is not the price the dealer paid for | | | | for you before discussing financing or a trade-in. |
| that car. This info will give you a good idea of a | | | | And, never discuss monthly payments, this could |
| fair price for you to pay for the car. Just keep | | | | cost you even more money. |
| the price within your budget. | | | | |