Smart Moves: How to Get the Best Deal on a Car This Fall

Fall is an excellent time to buy a car. Dealers aim to clear out old stock to make room for new models, but prices remain high. So, how can you secure the best deal?

1. Check Your Credit Score

Lenders use your credit score to assess your reliability. A higher score leads to better loan terms. If your score is low, consider improving it before applying.

2. Set a Budget

• Determine what you can afford monthly.
• Consider the total cost, not just payments.
• Think about how long you plan to keep the car. A longer loan term means lower payments but higher overall costs.

3. Get Pre-Approved for a Loan

• This gives you leverage at the dealership.
• You'll know exactly what you can afford.
• Compare offers from banks and credit unions—they may offer better rates.

4. Be Wary of Add-Ons

• The lowest interest rate isn’t always the best.
• Research lenders and read reviews.
• Be cautious with add-ons like GAP coverage or extended warranties—they can add up quickly.

Car shopping should be enjoyable. It’s a big purchase, so make sure you feel good about your choice. If you're buying this fall, do your homework—it’ll pay off in the end.