How to Buy a New Car

I realize that this is probably against the conventional wisdom that you have heard about buying a car. Many people like to buy a used car thinking they get a better deal, or lease a car because they can put less money down. My experience has been just the opposite. When you buy a new car you get extended warranties, you can negotiate better prices and lower rates on loans. It is easy to find out the value of a new car, but practically impossible for a used car. If a dealer does get a good used car they usually sell it to a friend, not you. Right now, many used cars are selling for about $15,000-$20,000. When you are looking for a used car or to lease a car, remember you can usually buy a new car for the same price.