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Buying a Car Lesson

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Buying a Vehicle
Lesson By Joe Coakley

Tips for Buying a Vehicle
Presentation Outline

1. Money talks 2. Type of vehicle 3. Buying or leasing 4. New or used 5. Buying used 6. Buying new 7.Purchasing a vehicle

1. Money Talks
How much can you spend Financing Interest rates Insurance

Research
Consumer guide News paper Dealerships Internet searches

2. Type of Vehicle
Car
Sports  Sudan  Coupe


Truck
Four wheel drive  Two wheel drive  King cab


Continue….

Van
Mini  Full size


What Brand?
Ford

Decisions
Chevy  Toyota  Ford  Dodge  Etc…………


Chevy?

3. Buying or Leasing
Why buy
You own it  Miles  Get more out of vehicle


Why Lease
New car every 3 years  Less worries  Option to buy


4. New or Used
Why buy new
Less maintenance  Better warrantee  Less worries


Why not to buy new
More money  More insurance


Continue……

Why buy used
Less money  Less insurance  Better deals


Why not to buy used
No; to very little warrantee  Taking owners word  Might be a lemon


5. Buying Used Checklist
Check exterior of vehicle


Use magnet to check body panels

Check for oil leaks, damaged hoses and belts Condition of the tires Check all electronics(radio, lights, dash lights)
Continue…….

Test Drive
Brakes  Pulls  Noises or Vibrations  Clutch or transmission


Have a mechanic check it out TEST THE CAR OUT!!

Dealerships
Ask for deals or specials Do not let them talk you into something you do not want Go to different dealerships of the same company Ask about ordering

6. Buying a New Vehicle
Pick what you want Ask questions Be very picky Shop around Test drive

FORD

7. Purchasing a Vehicle
Have no doubts Checked around Gone to different banks Are completely happy

Tip to remember
It's only a car. It won't make you smarter, better looking or richer. If you overbuy, a hefty car payment will rapidly begin to affect your life in a negative way.

Because cars are a depreciating "asset," being conservative is almost always to your advantage.

Summary
1. Money talks 2. Type of vehicle 3. Buying or leasing 4. New or used 5. Buying used 6. Buying new 7.Purchasing a vehicle

The end.


				
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