If you're planning to purchase a vehicle, either used or new, you need to be an aware and informed consumer While the majority of car dealers are honest and sincere suppliers, there are scams out there that could cost you big money

The next time you buy a used car, your transaction will probably go like this - you'll eventually agree on a price, sit down to sign the papers and the dealer will ask you if you'd like to purchase an extended warranty This warranty will likely be expensive, limited, unclear and difficult to understand

Buying a used car is a great way to save money, especially when compared to new car sticker prices that come stacked with import fees, dealership taxes and shipping However, the venture of purchasing a used car can also come with a few consumer risks

While buying a used car you can not only save thousands of dollars in depreciation, taxes and factory costs, but also wind up spending more on your financing As new car manufacturers lure buyers with 0% interest rates and no-money-down offers, it's hard to find a better deal when you're purchasing a used vehicle

Buying a car, whether new or used, online options can be a great way to save money, time, and find a fantastic deal Unfortunately, it can also be an easy way to fall prey to potential scams and problems that an in-person evaluation might otherwise catch

Purchasing a used car means you have to be ready to not only hunt down a good deal, but also spot a bad one When pricing a used car, a variety of factors come into consideration from the make and model to the mileage and condition of the vehicle