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Q. When negotiating to buy a new car, is it best to go into the dealership or do it online/phone? and why?

some people think you'll get the best deal on a new car if you go into a dealership and negotiate with a salesperson. others feel you'll get a better deal if you work with the internet sales manager via email and phone. which is better and why? most car buying experts agree that going into a dealership to negotiate is foolish. they recommend doing it online or via phone. why would you suggest going into a dealership? is there any evidence why this would be true?

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Q. Car dealerships are always advertising a particular vehicle i want on the internet.?

i sometimes call to see if this toyota tacoma is still for sale and today when i called, i had already researched the vehicle they were selling. their asking price was $2300 dollars over the maximum blue book price. are most dealerships swindlers? do they expect me to negotiate the price down by $2300 dollars. do most of them tell wild stories about the hx of the car? the salesman expected me to believe the toyota tacoma was traded in for a ford ranger.

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Q. Please help: automotive questions about car financing?? ?

1. why is it important to maintain a good credit history? a. because your family will inherit it, and it's important to plan for their future b. because anyone can access your credit history at any time to learn about you c. because a good credit history can generally help you negotiate for a lower finance rate d. consumer protection laws state it is your responsibility to maintain good credit 2. what might happen if you fail to make several payments on purchases that you made a year ago? a. the item(s) can be taken away from you, if the item(s) secured the credit obligation you took on when you bought the items b. negative information may be added to your credit report c. you could be denied credit in the future d. all of the above 3. how can you find what your credit history looks like? a. contact a credit-reporting agency b. ask a private investigator to find out all they can about you c. look yourself up on the internet d. check your family's credit history 4. which of the following is not something a creditor will look at before granting you credit? a. if you pay your bills on time b. where you live and your living arrangements c. how many credit obligations you have d. how much you owe on all your accounts 5. net income is also known as: a. taxable income b. alimony c. what's left after you pay your bills d. take-home pay 6. about how much of your monthly take-home pay should your car payment not exceed, after subtracting certain monthly expenses, like credit cards? a. 5% to 10% b. 10% to 15% c. 15% to 20% d. 20% to 25% 7. in addition to vehicle payment, what other vehicle expenses should be considered in your monthly budget? a. insurance b. maintenance c. gasoline d. all of the above 8. which of the following is a contract with a dealership to buy a vehicle on time by paying the purchase price plus an agreed upon finance charge over a certain period of time? a. gap protection b. aquisition fee c. installment sale d. residual price 9. what is one of the major differences between buying and leasing a vehicle if you choose to buy? a. the dealership is listed on the title as the vehicle owner b. you need to turn in your vehicle to the dealership after a certain length of time c. you will need to pay a security deposit, acquisition fee and other charges d. you are the owner of the vehicle and your name is listed on the title 10. monthly lease payments are usually lower than monthly finance payments when comparing leasing and financing for the same term because you are only paying for the vehicle's expected depreciation during the lease term, plus a rent charge, taxes and fees. a. true b. false 11. when you finance at the dealership, you are entering into an installment sales contract between you and the dealership. a. true b. false 12. when you lease a vehicle, you are responsible for excess wear and tear, damage and missing equipment. a. true b. false 13. which of the following items can you negotiate with your dealership? a. annual percentage rate b. length of contract c. price of the vehicle d. all of the above 14. which of the following can be used to lower your monthly payment? a. getting a higher apr b. choosing the shortest term available c. making a larger down payment d. none of the above 15. which of the following are additional items that can usually be added to the finance contract? a. optional credit life insurance b. option gap protection c. optional service contract d. all of the above 16. what is the purpose of purchasing optional disability insurance? a. covers the gap between the vehicle's value and what your insurance company provides in the event of total vehicle loss b. pays the balance of your contract in the event of your death c. makes your scheduled car payment in the event of sickness or disability d. protects owners against unexpected major auto repair expenses 17. what is the purpose of a service contract? a. adds additional time to the vehicle warranty b. protects owners against unexpected major covered auto repair expenses c. pays all of the vehicle repairs regardless of the circumstances d. all of the above 18. it is a normal business practice for the dealer to retain some portion of the finance charge as income for the dealership. a. true b. false 19.) a rebate is always better than a special finance rate. a. true b. false

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Q. Short automotive questions about car financing? pleasseee help me?

automotive questions. please help me? id really apprecaite it. thanks in advance and have a great day. =) 1. why is it important to maintain a good credit history? a. because your family will inherit it, and it's important to plan for their future b. because anyone can access your credit history at any time to learn about you c. because a good credit history can generally help you negotiate for a lower finance rate d. consumer protection laws state it is your responsibility to maintain good credit 2. what might happen if you fail to make several payments on purchases that you made a year ago? a. the item(s) can be taken away from you, if the item(s) secured the credit obligation you took on when you bought the items b. negative information may be added to your credit report c. you could be denied credit in the future d. all of the above 3. how can you find what your credit history looks like? a. contact a credit-reporting agency b. ask a private investigator to find out all they can about you c. look yourself up on the internet d. check your family's credit history 4. which of the following is not something a creditor will look at before granting you credit? a. if you pay your bills on time b. where you live and your living arrangements c. how many credit obligations you have d. how much you owe on all your accounts 5. net income is also known as: a. taxable income b. alimony c. what's left after you pay your bills d. take-home pay 6. about how much of your monthly take-home pay should your car payment not exceed, after subtracting certain monthly expenses, like credit cards? a. 5% to 10% b. 10% to 15% c. 15% to 20% d. 20% to 25% 7. in addition to vehicle payment, what other vehicle expenses should be considered in your monthly budget? a. insurance b. maintenance c. gasoline d. all of the above 8. which of the following is a contract with a dealership to buy a vehicle on time by paying the purchase price plus an agreed upon finance charge over a certain period of time? a. gap protection b. aquisition fee c. installment sale d. residual price 9. what is one of the major differences between buying and leasing a vehicle if you choose to buy? a. the dealership is listed on the title as the vehicle owner b. you need to turn in your vehicle to the dealership after a certain length of time c. you will need to pay a security deposit, acquisition fee and other charges d. you are the owner of the vehicle and your name is listed on the title 10. monthly lease payments are usually lower than monthly finance payments when comparing leasing and financing for the same term because you are only paying for the vehicle's expected depreciation during the lease term, plus a rent charge, taxes and fees. a. true b. false 11. when you finance at the dealership, you are entering into an installment sales contract between you and the dealership. a. true b. false 12. when you lease a vehicle, you are responsible for excess wear and tear, damage and missing equipment. a. true b. false 13. which of the following items can you negotiate with your dealership? a. annual percentage rate b. length of contract c. price of the vehicle d. all of the above 14. which of the following can be used to lower your monthly payment? a. getting a higher apr b. choosing the shortest term available c. making a larger down payment d. none of the above 15. which of the following are additional items that can usually be added to the finance contract? a. optional credit life insurance b. option gap protection c. optional service contract d. all of the above 16. what is the purpose of purchasing optional disability insurance? a. covers the gap between the vehicle's value and what your insurance company provides in the event of total vehicle loss b. pays the balance of your contract in the event of your death c. makes your scheduled car payment in the event of sickness or disability d. protects owners against unexpected major auto repair expenses 17. what is the purpose of a service contract? a. adds additional time to the vehicle warranty b. protects owners against unexpected major covered auto repair expenses c. pays all of the vehicle repairs regardless of the circumstances