How Buy Car

Need purchase a car soon, but where from??
I am moving to ATL from London and I need to buy a car. I am on a tigt budget, so expensive cars are out of the question. Does anyone know where I can begin to look for a cheap car..price range $750 – $1200. As long as it runs well and doesnt look like it is about to break down… I guess I can swallow my pride. Any websites, dealers, locations to visit?

Suggest:
You dont have to swallow your pride there are cars out there that fits your price range but how to find one that will last till the time your ready to buy something of better quality is the question

Forget trying to locate one on the internet, your best bet will be community classified adds in local newspapers, your second choice is a buy here pay here type dealership and its BUYERS BEWARE…

When you find one you have better know what to look for getting value…read this webpage http://www.usedcartips.org/TESTDRI.html you will not be an expert but you will have picked up some pointers…from there navigate to the main page and study the 10 steps how to buy a used car…its free advice with no strings attached, in this fast paced world today buyers dont have time for homework study more than 5 minutes on the computer buying a car and many will end up with a lemon in the driveway…

What is the typical interest rate on an auto loan of about 6k? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
I plan on getting a newer car, and its about 10k, I only have about 5k right now, I am going to take out a loan of 6k, what is typical interest? Should I do 48 months or 60?

What is typical interste through a bank?

Suggest:
First understand dealers and banks dont finance loans for vehicles under $ 7500. ( unless buy here pay here type dealer )anything less it becomes a personal loan.

The lower the amount the higher the rate…the older the car the shorter the term…Subject to your location an 06 model – 84 months an 05-04 model 72 months…03- 02 model 60 months, and 1999 model your on your own, they wont touch, keep in mind there are other lenders besides banks, but with their interest rates forget it…

You want to take the time to really learn the steps how to buy a used car go to my website http://www.usedcartips.org/ its free advice with no strings attached …good luck

Now a days, the economy is low and the car industry is failing, how low can you make deals?
I was wondering how low do you think I could bargain prices on the following cars with 5,000 down:

2004 Infiniti g35 coupe or sadan
2004 Audi a4
2003 BMW 325
2003 VW Jetta

Just a couple estimates, I am in the market for a decent performance car, but practical, anything helps, thanks!!

Suggest:
Find out how much each car is worth (www.kbb.com) and compare that to the asking price for each car at dealers. You should pay no more than the car is worth. In fact, offer about 10% lower to start.

However, you should have any car inspected by a mechanic if you seriously intend to buy. Used cars are sold

How much is the interest rate on a new car?
Is it around 5 percent or 10 percent?

Suggest:
The interest rate charged when you buy a new car depends on many things. For instance some manufacturers have 0% financing, a bank may charge something different. say 6.5% the interest rate on financing also depends on your credit rating, whether it is a new or used car, how long you want financing 36 months, 60 months etc. and the amount of money you have for a down payment. People who have bad credit, no credit etc usually have to pay higher interest rates. 5% – 10% seems a little high though. for normal financing. Shop around. larger dealers will be able to get the better rates for you, than smaller ones. But sometimes it is harder to qualify,

When buying a new car, at what point do you let the dealer know you are trading in a car or paying cash?
I sometimes think you get a better price if the dealer thinks you are paying cash. Is this true?

Suggest:
There’s a simple solution to your problem: Go into the dealership already knowing:
a.) How much your trade is worth, and
b.) How much the car you’re looking for should cost.

Check the newspaper for any sales the particular dealership you’re going to is having. Then check edmunds.com to find both of the things listed above. You can also find manufacturer rebates as well, which the dealers will often not tell you about a try to keep.

Information is your greatest tool in buying a new car. If you know all the info I listed above, you can be upfront and firm with them about how much you’re willing to pay and how much you want for your trade. If they still try to gouge you, you can walk always walk.