7 Most Common Car Buying Mistakes People KEEP Making

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Today, we're going to discuss something crucial: the most common — and expensive — car buying mistakes people are making in 2024. Whether you're a first-time buyer or a seasoned car enthusiast, these tips will help you avoid costly errors and ensure you get the best deal possible.

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A couple of other suggestions: 1. Ask for the out the door price and negotiate from that. 2. If financing ask the finance manager what the buy rate is {that is the interest rate the bank gives the dealer. The dealer often marks up the interest rate from his buy rate. See if you get financing using the buy rate.

josephkelleher
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If you need to barrow to buy a new car you can’t afford a new car. Buy whatever you can afford cash. Never buy depreciating assets on time.

matthewhuszarik
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Excellent please you are super talented and professional. Thank so much

wilmerrodriguez
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These are terrific points. Always be ready to walk away from a potential buy. You’re not obligated to buy anything just because you test drive and negotiate

bruceleeroy
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Very helpful information that I shared with a 1st time car buyer ! I learned something myself even though I bought my 1st car n our nations bicentennial year (1976) !

Hoosier-uw
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😅I buy my cars to last 10 years and they do because of my selection. I do not buy a car for resale value especially after ten years. I can’t imagine driving a boring uncomfortable no fun vehicle for ten years for a few dollars in return.

kurtgrundel