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1. Make sure you are getting the right vehicle.



This seems obvious, but you could wind up an unhappy car owner if you haven't thought carefully about how many people and how much luggage or gear you need to carry.



Whether you plan to trade it in or sell it, your current car can be an important factor in your budget. Checking the right website and possibly your local newspaper will give you a realistic valuation. Selling it directly instead of just trading it in may also mean a sizable difference in what you get for it, though it may take a while longer to reap the proceeds.



3. Decide whether new or used is best for you.



Cars cheap uggs are built better now than in the past, so used cars or certified used cars make a lot of sense. But if you get a rebate or other cost break, the math may be on the side of a new vehicle.



4. Consider whether leasing or buying makes more sense.



Leasing provides lower monthly payments than buying with an auto loan. But it's not for everybody. If you don't have money for a down payment or if you trade your car every two or three years, you may be a good candidate for a lease.



5. Do your homework and set your target price.



The Internet has made it easier than ever to find out the real ugg boots dealer's cost for each vehicle and its options. That's the first step to getting the best possible deal.



6. Shop for money before you shop for the car.



If you plan to buy with a loan, check your credit union or local bank quotes online to find the lowest rate. Getting a preapproved loan will give you added confidence in negotiating a good price.



7. Negotiating a lease.



In the complicated world of leasing, the dealer will have the upper hand unless you learn the jargon and how to negotiate the various segments of a lease deal.



8. Negotiate a purchase.



If you are doing it yourself, get bids from several dealers, keeping the focus on the dealer's invoice price, which you will know from your research. You may be able to get bids without going to showroom after showroom.



9. If you hate haggling, consider using a carshopping service.



Autobuying services, such as websites or discount clubs, make things easy with pretty good, nohaggle prices. But with most of them, you get quotations from only one dealer. Consumer services that shop several dealers near you may deliver even better prices.



10. Don't let the dealcloser close out your savings.



The finance manager isn't there just for the paperwork. He or she wants to sell you highprofit financial and mechanical addons. These are seldom worth the money.



NEXT: Buying the right carMarket indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer



LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer.



Morningstar: 2013 Morningstar, Inc. Disclaimer



The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM 2013 is proprietary to Dow Jones Company, Inc.

Created:2013-8-22

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