10 Mistakes People Make with Buying a Car (plus 1 bonus)

Lightning fast read meant to make you think...

10 Mistakes People Make with Buying a Car (plus 1 bonus):

1. Don't consider paying all cash.
2. Get a horrible interest rate.
3. Have bad credit.
4. Spend more than they can afford.
5. Don't do their homework.
6. Are duped by the used car salesman's pitch.
7. Purchase a "lemon."
8. Don't get a warranty (guarantee).
9. Don't realize they need full insurance coverage to finance a car.
10. Overlook the depreciation that takes place on the new car immediately after you drive off the lot.

BONUS Lie about their income to get a loan.

(Car via maxpixel)

by Mike C (aka blog boy)

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