10 Things One Should Know When Purchasing a Vehicle
This describes ten aspects of the car industry that most consumers should be aware of when dealing with a new or used vehicle.
1. There is no sure way to know if a used car has been in an accident unless you get the opinion of a body shop technician.
2. Salesmen do not really care if you get a bad interest rate. They only care if you are approved. Hence you may find yourself paying off 28% interest in a vehicle loan. Thence you will be forced to pay off only the interest instead of the primary principal. This will create a situation called “backwards” meaning you will owe more money than the vehicle is worth.
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