For bargain hunters, buying a salvaged vehicle has advantages and disadvantages. On the plus side: Even though it may not be worth as much as a clean-title vehicle, getting a good price on a safe, repaired car can make financial sense. According to the experts at Kelley Blue Book, you can buy a salvaged vehicle at a 20 to 40 percent discount from the market value. One of the negatives? You probably won’t get top dollar on your car when you go to resell it. So it’s important to do your research and consider your own intentions for the car. If you plan on keeping the vehicle for an extended period of time, it could be a smart purchase.
Who wouldn’t want to finance a car at 0% interest? It has the potential to save you a lot of money over the life of the loan, right?
That’s what auto dealerships count on. It’s one of the best ways they have to get you into a new car, according to a J.D. Power Dealer Finance Study.
When it comes to buying a new car, you have three options: purchasing it with cash, purchasing it through a loan (also known as financing) or leasing it. For most shoppers, the decision comes down to buying or leasing.