Three Steps to Save You $3,000
According to credit.com you can save up to $3,00 when you buy a car by using these three steps:
1. Credit Check
Not checking your credit before you start shopping for a car is a huge mistake. Because your auto loan rates are directly tied to your credit scores, even a small inaccuracy on your credit report could cost you. Before you start shopping for your dream car, take an hour to check all three of your credit reports and credit scores online. You need to check all three credit bureaus because you don’t know which one a lender will use for your application. If you have a credit score above 750, you can probably qualify for the best rates available and negotiate an excellent deal on your car. If your credit score is lower, see if you can’t give it a boost before you apply for a loan.
2. Shop Online
Unless you have a perfect credit score in the 800’s and can qualify for a 0% offer, you are probably not going to get a good deal on a loan directly from the dealership. Auto loan rates and fees offered by online auto lenders are usually a lot lower than the rates offered by a dealership’s financing program.


Q: When renting a car, is it wise to pay for extra insurance from the rental company, or should a consumer have sufficient coverage through personal auto insurance and credit cards? 




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