How to Buy a Car

1. What are four things you must know about buying a used car?
-The four things you must know about buying a used car are the number of previous owners, if the car was ever involved in an accident, any previous mechanical problems, and the maintnance history of the car.
2. What is one benefit of buying a used car over a new car?
-One benifit of buying a used car over a new car is getting a great deal that may be almost new.
3. What is an "As Is" agreement? Why should you never sign an "As Is" agreement?
-An "As Is" agreement is an agreement of buying the car how it is. You should never sign an "As Is" agreement because when you drive off the lot with your car the rest is your problem.
4. What does MSRP stand for?
-MSRP stands for Manafactur Suggested Retal Price.
5. What is good about the website, CarBuyingTips.com?
- What is good about the website, CarBuyingTips.com is it gives you all the information you need to buy a new or used car.
6. Why should you know about your credit history BEFORE walking into a dealership?
-You should know about your credit history before walking into a dealership because that is certainly something the car dealership person would ask you.
7. What is the difference between the average price and the sticker price?
The difference between the average price and the sticker price is that the average price is average price from all dealers and the sticker price is the price that is on the car and able to negotiate for it to go lower.
8. What are the three main ways a dealer can scam you?
-Three main ways a dealer can scam you is by asking you to pay extra charges, buying your car for less than its worth , and getting your trade-in for less than its worth.
9. What are the two best times a year to buy a car?
-The two best times a year to buy a car are in july and christmas.
10. What is a down payment?
-Down payment is paying an certain amount of the cost when your buy the car.
11. What does it mean to finance your car?
-What it means to finance your car is to make a loan.
12. What does APR stand for?
-APR stands for Annual Percentage Rates.
13. What is a "lemon?
-A "lemon" is a bad car.