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Auto Financing 101 : Understanding How to Make Good Vehicle Financing Decisions PowerPoint Presentation
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Auto Financing 101 : Understanding How to Make Good Vehicle Financing Decisions - PowerPoint PPT Presentation


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Auto Financing 101 : Understanding How to Make Good Vehicle Financing Decisions. Brought to you by AWARE www.AutoFinancing101.org. Before visiting the dealership:. Determine a realistic price range Know the difference between buying and leasing Know your credit record

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Auto Financing 101:Understanding How to Make Good Vehicle Financing Decisions

Brought to you by AWARE

www.AutoFinancing101.org

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Before visiting the dealership:

  • Determine a realistic price range
  • Know the difference between buying and leasing
  • Know your credit record
  • Compare auto financing offers from multiple sources

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When shopping for an auto at the dealership:

  • Stick to your price range
  • Negotiate your finance arrangements and terms
  • Understand the meaning and price of optional products
  • Read the contract

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After completing the auto purchase or lease:

  • Make your payments on time
  • Be aware of any liens on your vehicle
  • Talk to your creditors if you run into difficulties
  • Know your obligations
  • Realize you can refinance at any time

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