Aug 18 2008
Dealer Tricks: The Payment Ploy
A car dealer may promise to get you into a car deal for only $389 a month. How does it work? Most often, the car dealer may have factored in a large down payment, or may have stretched the term of the loan for as long as 60 or 72 months.
Make sure to focus on the price of the car rather than the monthly payment. Never answer to the dealer when he asks how much you can pay each month.
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