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Car loans 'just the first step' in buying a vehicle

New and used car finance customers may be interested to hear that there are a number of measures they can take to secure the best deal when looking for a vehicle.

New and used car finance customers may be interested to hear that there are a number of measures they can take to secure the best deal when looking for a vehicle.

According to one US-based company, consumers who have secured a car loan face a number of tough decisions when looking for the right model and suggest a number of things for people to bear in mind.

Badcreditnewcar.com states that drivers should be prepared to negotiate with sales staff and should check car value guides as well as the manufacturer's suggested retail prices to assist in these discussions.

It is also reported that consumers should evaluate whether a new or used car is best suited to their individual needs.

"Make sure you do your research for yourself and think real hard about buying new instead of used," they state.

Last week Jack Nerad of Kelley Blue Book, a vehicle price guide, said that considering the level at which a car is expected to depreciate is another key factor in buying a used vehicle.


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