What Not To Pay For When Buying A New Car

What Not to Pay for When Buying a New Car to Save Big Money

If you’re buying a car, then it is vital that you know what not to pay for when buying a new car. You need to know that there are absolutely things that you should never pay for when you go to purchase a new automobile. The car dealership will always try to get you to spend as much money as they can and this will often come in the shape of things that you don’t need to pay for.

There are five basic things that you need to look at. These range from useless, but expensive, to useful but should be included in the deal at no extra cost.


The Paint Sealant

Pain sealant is usually just a fancy word for wax. That’s right, just a simple wax job. Now if you do decide to pay for this, you definitely shouldn’t spend more than forty dollars or so, but I recommend not spending it at all. Car dealerships will usually let this one go, which can save you hundreds.

Rustproofing

This is definitely a big one on the what not to pay for when buying a new car list. Actually, you should probably include fabric proofing in with rustproofing, because both of them are things that you will get charged big bucks for that either don’t work or could be done far more cheaply on your own.

The Extended Warranty

This actually isn’t a waste of money, unlike the previous two items, on your "what not to pay for when buying a new car" list. A warranty is always a good thing, but all most all dealerships will massively overcharge you for it. Instead, look at third party warranties that you get for a fraction of the cost of what the dealership will milk you for.

Prep Fees

There are a bunch of different fees that they will try to stick you with. If the name of the fee is something vague, then chances are, these are made up fees to allow them to extract just a little more of your hard earned money. The keywords to look for here are dealer prep fees, valuation fee or import tariff. All of these are just there to get you to spend more and don’t represent legitimate expenses on the part of the dealership.

Extra Interest

This is probably the least known of all the things on the "don't pay for" when purchasing a new auto. Car dealerships will usually arrange financing for you, which is convenient for you and a source of lots of extra money for them.

Basically, they have an agreement with the bank to provide loans at a set interest rate and then they add a percentage point or two to the interest they charge you. It always pays for you to check with your local bank and see if you can’t get a better rate there. It’ll save you hundreds or even thousands over the course of the loan.

You knowing, what not to pay for when buying a new car, can save you hundreds, if not thousands, over the life of your ownership of the car.

By: Shane Smith.  If you are looking for landscape or backyard lights then check out: http://makevoltz.com