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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

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

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

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Presentation Transcript

  1. Auto Financing 101:Understanding How to Make Good Vehicle Financing Decisions Brought to you by AWARE www.AutoFinancing101.org

  2. 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 1

  3. 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 2

  4. 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 3