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Advantages of Using a Tax Refund to Buy a Used Car

Hertz Car Sales

By making a bigger down payment, you can either increase your purchase budget or use it to get a lower monthly payment. A down payment will increase your odds of approval for financing if you have a limited credit history. What are the Advantages of Buying a Used Car with a Tax Refund?

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Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

The F&I manager will also offer additional products such as extended warranties and GAP insurance. GAP insurance is crucial if your down payment was low or your loan term is long. It’s a way for dealerships to recoup some of their expenses and potentially lower the sale price for the buyer.

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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

Tell them you are interested in buying the vehicle and ask them to send over the sale price in writing with all addendums with an out the door number. By recognizing these common sales tactics, you can confidently navigate your negotiation and secure a fair deal on your new car. They can email it or even text it.

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