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Buying a New-to-You Car
Preapproval
Getting preapproved* has great benefits.
Know how much you can spend.
Get an idea what your payment will be.
Show the dealer you're serious about buying.
*In addition to information you provide for preapproval, you will need to complete an application at the dealership.
Car Shopping
Now that you're preapproved and shopping for a car...
- Check nhtsa.gov for safety ratings and recalls.
- Ask your insurance agent how much premiums will be.
- Stick to your budget during negotiations.
If you're buying a used car...
- Have a professional check the car.
- Use a site like carfax.com to find the vehicle’s history.
- Consider repair coverage to help limit out-of-pocket expenses.