Wednesday, May 15, 2013

Buying a Car


Don't let car salesmen trick you into buying a car until you know all the facts!


 
  • How to obtain a car loan or any loan:
    • Creat your loan listing
    • Investors commit funds to your loan
    • Recieve your money
    • Make monthly payments
  • When buying a car down payments are important because it shows your intention to make a purchase. It also impacts your monthly loan payment. The bigger the down payment the lesser the loan.
  • When buying a car the time frame of a loan affects you because it determines what your payments will be and how long you will make payments.
  • Overtime the value of your car will go down because of wear and tear. And while the value of your car goes down the newer cars become more valuable and more efficient.
  • Before buying a car know your rights and responsibilities, the invoice price, and know your credit history. The worse your credit history is, the more you will have to pay on your car loan.
  • Article Link: How to buy a car
  • Video Link: Drive Free Cars
Don't let car dealers tricking you into paying for something that you don't need to.



Sources:


     CR09350_buying%20a%20car%20with%20bad%20or%20no%20credit_400x300.jpg
. N.p., n.d. Web. 15 
     May 2013. 
 
2. http://www.prosper.com/loans/how-to-get-a-loan/step-1/. N.p., n.d. Web. 
 15 May 2013. 
 
3. http://www.claybennett.com/images/archivetoons/car_lot.jpg. 
  N.p., n.d. Web. 15 May 2013. 

4. https://www.youtube.com/watch?v=BKyV8CTHeJ0. 
N.p., n.d. Web. 15 May 2013.
 
5. http://www.edmunds.com/car-buying/how-to-buy-a-car.html. N.p., n.d. Web. 
 15 May 2013. 

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