NewsLet Joe Know


Buy a car and drive away with no regrets!

Posted at 5:39 PM, Jun 07, 2018
and last updated 2018-06-07 21:22:28-04

Buying a car soon?

We're seeing more complaints about the process, whether it's a new or used car.

While there are a lot of good dealers around, all of us need to protect ourselves and our money.

And that starts with the contract.

Read every line of it and make sure your agreed upon base price is right.

Question add-ons like a service contract or gap insurance.

If you're trading in a car, check online and make sure you know it's worth before you buy.

Make the dealer honor it and make sure its subtracted correctly in the contract.

Also, find financing options before you shop so you can compare them with what the dealer offers.

Sometimes credit unions have better rates.

Never sign a contract unless every line is filled and you agree to the price.

Never drive off the lot with a car until financing amounts are spelled out in that signed contract.

You want nothing left undecided.

And make sure to bring a friend and some water with you.

It could be a long day of shopping.

Check out our lengthy discussion about these protections on the Let Joe Know Facebook page.

Click here to see the Federal Trade Commissions car-buying tips.