Two Used Car Buying Tips
June 21, 2009 3:31 am ReferenceBefore you buy that next vehicle, be sure to read the following used car buying tips. Make that one tip for now.
Save and pay cash. Really, if you can afford a $400 car payment, why can’t you afford to set aside that much each month for a while, and keep driving whatever you have? When you buy for cash, you save in three ways. First, you often get a better price when you have the cash. A car dealer friend of mine often charged as much as $800 more for credit buyers than those who had cash. Secondly, you save by not paying interest on a loan. Third, you save because you are not required to buy collision insurance, so you can get basic liability if you want.
