Easy Steps to Getting a Great Deal on Your Next Car
We all dread walking onto that car lot and being approached by a salesman that we just know is going to try to pressure us into buying today and spending more than we want to spend. It doesn?t have to be that way. With just a little preparation, you can make sure that you get a great value and protect your investment Don?t fall in love with having a brand new car. The newer the car, the worse it depreciates, with the first year being the very worst. By finding a used car that is still under factory warranty, maybe two or three years old, you will avoid the worst of the depreciation and you can usually buy a relatively inexpensive extended warranty that will cover everything that the factory warranty covers. Look for a warranty that has a small list of excluded repairs rather than a big list of items that are covered. In the w alternate picking arranty book that originally comes with a car, you will see a warranty that essentially says that everything except certain normal wear and tear items (alternators, tires, batteries, light bulbs, etc) is covered. You want to look for similar wording on your extended warranty. A long list of covered items is always much shorter than the list of things that can actually break. If the warranty company is able to claim that a covered item broke because of the failure of a non-covered item, they will deny the claim. Be sure any warranty is transferable because that will make a big difference in resale value and desirability when it comes time to sell. Once you have decided on a make and model, decide how much you are willing to spend on it buy researching the value with NADA at www.nadaguides.com or Kelley Blue Book at www.kbb.com.
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