Wednesday, March 20, 2013

Car-Buying Tips

If you are thinking about buying or leasing a car, there’s a lot to consider before you make a final decision.
Many tests are done on car safety before any vehicles hit the roads. The National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety are just two places you can check on a car’s safety rating and features. You can also find out from NHTSA if a vehicle has been recalled for safety defects.
If you’re buying from an individual seller, it is important to check on the title to make sure you are working with the actual vehicle owner. You can check on the title with your local Better BusinessBureau. Just enter your zip code, and you’ll find an office to assist you. If you’re buying from a dealer, you can check on their credibility with your local consumer affairs office.
If you are considering leasing a car, make sure you ask the dealer for all of the financial information up front, including details on wear and tear standards, if there is a limit on how many miles you can drive a year, the manufacturer’s warranty and more.
Whether you’re leasing or buying a car, most people have to do some type of financing when purchasing a vehicle. Two common types are direct lending or dealership financing. It’s important to do your research so you know which type of financing is right for you. The Federal Trade Commission explains your options and defines financing lingo you can be prepared.
For more car buying and maintenance tips click here.
The library also offers a variety of resources on car buying. Access to Consumer Reports, Consumer Report Buying Guide, The Car Book, and Chilton and Mitchell repair manuals.

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