Car shopping can be exciting… and intimidating. Veuer's Elizabeth Keatinge tells us how to get those wheels you’ve been wanting without getting ripped off.
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00:00Car shopping can be exciting and intimidating.
00:04How do you get those wheels you've been wanting without getting ripped off?
00:08Did the dealer ask what monthly payment you can afford?
00:11National Association of Consumer Advocates Ira Rheingold tells HerMoney.com quote, never
00:17answer that question, unquote.
00:18Rheingold emphasizes that you should only negotiate the total cost of the car.
00:23Get pre-approved for a loan.
00:25Some shady dealers may try to get you to sign a loan with a higher rate.
00:29Avoid this by coming in to the dealer with a pre-approved loan.
00:33Buy an extended warranty at the right time.
00:36Wait until a new car's regular warranty is about to expire before buying that extended
00:40warranty.
00:41Be willing to walk away.
00:42If the price isn't right, the dealer won't put things in writing or something just feels
00:47off, remember, there are plenty more dealers willing to sell you a car.