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Auto Financing 101 : Understanding How to Make Good Vehicle Financing Decisions Brought to you by AWARE www.AutoFinancing101.org.

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Presentation on theme: "Auto Financing 101 : Understanding How to Make Good Vehicle Financing Decisions Brought to you by AWARE www.AutoFinancing101.org."— Presentation transcript:

1 Auto Financing 101 : Understanding How to Make Good Vehicle Financing Decisions Brought to you by AWARE www.AutoFinancing101.org

2 Before visiting the dealership: Determine a realistic price range Know the difference between buying and leasing Know your credit record Compare auto financing offers from multiple sources 1

3 When shopping for an auto at the dealership: Stick to your price range Negotiate your finance arrangements and terms Understand the meaning and price of optional products Read the contract 2

4 After completing the auto purchase or lease: 3 Make your payments on time Be aware of any liens on your vehicle Talk to your creditors if you run into difficulties Know your obligations Realize you can refinance at any time

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