Buying a New Car

A new car is second only to a home as the most expensive purchase many consumers make. According to the National Automobile Dealers Association, the average price of a new car sold in the United States is about $30,000. That’s why it’s important to know how to make a smart deal. – Federal Trade Commission  (FTC) 

Indeed, if paying for college education is not classified as “making a purchase”, then an automobile purchase is likely to be the second most expensive purchase many of us make. And we make “a vehicle purchase” a good number of times during our adult life!

So your Tri-Town Apple will focus on this topic in the coming weeks, not only this article on “Buying a New Car” but also on buying an used vehicle, automotive repair, and the question of purchase vs. lease.

As we frequently do, we will use work the federal government has already done to provide us with basic information and “heads-up” alerts to help us from making a BIG mistake. In the FTC’c own words:

The (FTC) is the nation’s consumer protection agency. The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace.

In this case we’ll use the FTC web site Consumer Information. Continue to view the FTC information.

Continue reading