Common Mistakes

Second, the magazine Car and Driver had an article showing the difference between paying too much for a used car and financing at a high rate. A 2012 Chevy Cruz costs $10,041 if bought properly. The same car costs $20,919 if you pay too much and finance for too long. Shop smart, because the insurance company that has to pay for your car if it’s damaged is only going to pay the actual value of the car. Most people are disappointed in the amount they receive for their property damage. There are services such as CarFax and Consumer Reports that help people in deciding the fair value of a vehicle they want to buy. Take advantage of these services before you buy your next vehicle.