Posted on October - 13 - 2010
Used Cars Can Be the Way to Go
To get the best deal, follow these seven tips for shopping and financing
In today’s economy, most people are trying to save money, whether by using coupons, refinancing their mortgage or auto loan or by getting the best deal on a purchase. In the AARP article, Used Cars Can Be The Way To Go, Tauren Dyson reviews 7 tips for purchasing a used car, rather than a new car and how it saves people money.
In addition, our CEO, Mukesh Chatter was featured tip #6, Applying for financing in advance:
“Apply for financing in advance. If you belong to a credit union, you may find a better interest rate than at a bank. Then see whether the dealer will make an even better offer on the loan. “You get a blank check from the credit union, take it to the dealer … stick to your guns, and you get a good deal,” says Mukesh Chatter, president of MoneyAisle.com, a car financing site.”
