I have been shopping for a car lately and a consumer recognized me on a dealer’s lot and asked me for advice. I suggested that she spend $14 dollars on Consumer Reports bottom line car buying service. You tell Consumer Reports the car you are interesting in and they tell you almost exactly how much you should pay. Never pay the price on the window without doing your homework!
Over the years, I've had a lot of complaints from people who were not careful when buying cars and have lost a lot of money.
To buy wisely, go to a public library and find out from Consumer Reports about problem cars to avoid, cars with the best repair records and most miles per gallon, and their general price range. Many consumers don’t take this step and buy problems. And when these cars break down, the dealer in most cases won’t take them back, but will be happy to let you trade in for another and gets hundreds of dollars more from you.
In fact, it’s very easy to pay thousands of dollars too much for new and used cars. So before buying, look for the April (car) issue of Consumer Reports at the library.
Jul 4, 2007
Don't pay too much for a car!
Posted by glen loyd at Wednesday, July 04, 2007
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