| How do I get a better trade while I'm still in financing | | | | because they will up your monthly fees, and then sell |
| my old car? Get some tips to avoid unnecessary | | | | your trade in for a more money than its worth. The |
| extra feels for breaking the contract with your old | | | | dealership then extends your monthly payments so |
| dealership. Buying a used car can become a better | | | | that they can make it appear that you are paying a |
| idea if we have limited funds. Get some information | | | | small amount monthly when you don't even realize |
| on buying a used car. Get some tips on the better | | | | that you have committed to an extra year of |
| way in paying by check or bank draft. It will help you | | | | payments. |
| to get the car in a rational interest. | | | | To avoid this scam, you have to bite the bullet and |
| 1. The Payoff Your Loan Scam | | | | ride out your current lease till the end. If you are |
| This is when the dealer offers to pay off the balance | | | | really determined to get a new car, then you should |
| of your current car loan no matter how much money | | | | try selling your current car on your own. Just sell it so |
| you still owe. It is a common sales strategy. When | | | | that the buyer just takes over the lease payments. |
| the average buyer hears it, they think that by | | | | 2. The Used Car Sold As Is Scam |
| purchasing a new car with a new dealership, they will | | | | This is when a dealership will sell you a car that has |
| automatically owe no more money on their current | | | | been in a car wreck, but they will tell you that the |
| car. That couldn't be further from the truth. | | | | car has been completely refurbished. When you see |
| What really happens is that the dealership does help | | | | the car it has a sticker on it that says as is on it and |
| you get out of your current contract; however, they | | | | no warranty is included with your purchase. This is |
| normally are forgetting to tell you how high your | | | | the dealer's way of telling you that you can't bring |
| fees are going to be for breaking the lease | | | | the car back, you are assuming all risks for the car, |
| agreement with your old dealership. You will now be | | | | and that it is not under warranty. |
| responsible to pay fees that are in the thousands to | | | | To avoid this scam, don't buy a car without a |
| make up for it. You also will not be able to refinance | | | | warranty or one that says as is on it. By doing this, |
| for a new car until those fees are paid. Of course | | | | you might as well buy a car from a stranger on the |
| the dealership can add the cost on to your contract | | | | street with the same deal. |
| with them at a substantially higher rate. The | | | | Wait for the lease of the current car finish before |
| dealership only agrees to this deal because they want | | | | buying a new car. Avoid buying a used car as as is to |
| to get more money off of your current car. They | | | | avoid all risks for the car. Make sure that you have all |
| aren't really doing anything for you at all. | | | | the warranty even when you buy a used car. This |
| The dealership will also give you far less then the car | | | | will give you more benefit while you are buying for a |
| is worth on the trade off. Basically this scam works | | | | new car. |