3. Get your car cleaned. A neat and clean car puts extra money in your pocket. Fill gas on your own-it may save a few more dollars. Do not use high octane gas unless your owner's manual specifically recommends it. Don't go in four-wheel drive unless you need it. You will unnecessarialy end up paying extra on the car, tries, gas and insurence.
4. Keep a sharp eye on the fine print. If you have a problem or complaint, always speak to someone in authority at the dealership. As a business person, you may be entiteled to a tax deduction-on your lease payments perhaps, if you buy a car for your business, it could go under your business expenses for tax purposes. if you put your auto insurence under your companey name, you may also be able to deduct the expense. Consult your tax advisor. He may be able to enlighten you on this matter further.
5. Avoid using home equity loans to pay for your vehicle. The interest rate may be competitive and the interest you pay is usally a tax write-off on your income taxes, on creative car financing, such as a secound mortgage on your home. Some dealers do this to get out of "auto loan interest rate ceiling." Beware of the combo loan(one payment plan), such as your home, car, and the credit card payments that would entrap you with a large, one monthly payment.
6. Remember the basic principle of dealing with the dealer is to negotiate, and to be polite, but firm. Don't display too much emotion or anxity. never give out cash figures you can afford per month. Do not hesitate to walk out through same revolving door that you came in, if you are not satisfied with the deal. Another thing to remember is that you should not buy on impluse accept spot delivery, unless it is comletely acceptable to you.
7. Use as little cash as possible for your down payment , especially when you are getting the manufacturer's low interest rate financing.