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  • Essay / How to Buy a Car - “AS IS” Gone Wrong - 1137

    We are faced with new experiences in life. There are some that we can be thrown into and figure things out and there are others that we should have some sort of context before you jump headfirst into. When you look at your old, unreliable vehicle and decide it's time to upgrade to something new, you'll be eager to get out and go car shopping. those things in life that we should learn a little about before we grit our teeth and dive in. It won't hurt to drive your car a little longer while you shop. Don't get me wrong, buy on impulse. It's been done by tons of people, but you might drive away with your new car and feel blindsided and unhappy with your new ride. If you really want to walk away from the experience with a car perfect for your needs, there are some things you need to consider. The first thing to consider is your budget. You should have money saved for a down payment on the vehicle. This helps reduce the amount you will have to pay in interest. If you can save for the entire car you choose, do it. Sometimes our old junkyards aren't able to last that long and buying the whole car is completely out of the question. If this is the case, you should contact your bank. Once there, you should sit down with a financial advisor and ask them to explain their rates, policies and what you are eligible for based on your current income, down payment and credit history. Be sure to get it in writing and bring it with you when shopping for your new car. This will help you compare the interest rates and fees charged to you by the dealer, ...... middle of paper ...... and the radio broadcast on the infamous Ain't That America by John Mellencamp. But first you need to sign the documents. You should make sure you read the fine print here and read every word before signing. You need to know if there is a warranty, when it ends, and what the warranty entails. You need to know your payments and interest rate as well as when you need to make your first payment. Don't let your salesperson rush you into signing papers without reading them. You never know what you might sign. When it comes to buying a new car, don't go into it without prior knowledge. Find the perfect car for you by following the steps and ending up with a car that you're happy to show off but can still afford to drive because your payments aren't skyrocketing. This may not seem like a tedious task, but many things can go wrong if you're not careful..