Tuesday, January 6, 2009

Buying Your Next Car

Year to date, sales are down by 15%, but that figure is much higher for some automakers, including Chrysler where sales have dropped by more than 25% this year. Bad news for the auto industry coupled with the calendar year coming to a close means one thing: passenger vehicle discounts have never been better, giving you an excellent chance to buy a new car for a lot less money.but does that car live up to its hype? For an objective look at what experts say about the vehicle you like, make sure you acquaint yourself with reviews from The Truth About Cars, Consumer Reports, and other no holds barred publications.Take a look at what is being offered - low-cost financing, cash back, or a special lease deal - weigh each plan by learning which one is best for you.You'll determine the final price you pay for your car while reaping the benefits of all of the discounts being offered to you. But, if you're like the majority of drivers, you cannot afford to pay cash. Instead, you can arrange your own financing before you set foot in a dealer's showroom.Also ask about military discounts, new grad rebates, and other offers available on top of already great savings.Consider buying a car that comes with a comprehensive warranty, forgoing the dealer warranty plan that can set you back an additional $500 to $1500 or more.

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