Car Buying Tips

When you're in the market for a new car, you always want to get the most for your money, but it's often easier said than done. Buying a new car can be tricky business even for an experienced buyer or one with bad credit. Don't go to a dealership unprepared, read up on some of these helpful tips in buying a new car:

• Find the right dealership. You've already found the best place to get a loan at ABT-Bank, but do your homework in finding the best dealer too. Check online reviews about multiple dealers or even better, visit them yourself.
• Get pre-approved for an auto loan before you go shopping for a new car. We at ABT-Bank highly recommend getting your loan early so that you have a set budget you stick to when at the dealership. This way you won't overspend and the dealer will work harder to stay within the budget.
• Try shopping at the end of the month. This is when dealers are trying to meet sales quotas and goals, meaning they may be willing to negotiate more on prices in order to reach goals.
• Check your local newspaper for deals and incentives. Almost all new cars have some sort of incentive attached these days, such as a cash rebate or employee discount. Any type of holiday is usually a good excuse for a sale as well.
• Negotiate the best possible price for your car. Before going to a dealership, pick out a couple models that you're interested in and research everything you can about them. Know the average going price, costs of extras, how well it holds its value over time, etc, this way you're prepared when it comes to getting a good price.

If you want a warranty on your car but don't like the one offered through the dealership, try searching online for warranties. There are several companies that offer auto warranties at a much cheaper rate than dealerships.