Financing a Car

Before you shop for a car, you need to shop for financing. Here’s what you need to know.

Transcript:

You know what kind of car you want, and you know what you can spend. But don’t head to the dealer just yet. Before you shop for a car, shop for financing.

Financing a car means you pay it off over time, but you don’t have to get that financing through a dealer. Check with banks credit unions and finance companies first. Then take your best financing offer with you to the dealers.You can still negotiate, see if the dealer makes a better offer, but if not, you can stick with the financing you already have.

If a dealer isn’t honest when it comes to financing a car, let the FTC know. Wanna know more? Visit ftc.gov/cars

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