How To Review The Contract On Your New Car Purchase Before Signing
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How To Review The Contract On Your New Car Purchase Before Signing
James Bell (Publisher, Auto Reviewer) gives expert video advice on: How should I review the contract on my new car purchase before signing?
How should I review the contract on my new car purchase before signing?
By the time you come to the point of contracts in your car buying experience, you're probably very tired, you probably feel really beat up and you just want to go home. However, that is probably the most important time in the whole process where you really need to be paying attention to the contract you're about to sign and what you're looking at. As an example, I recently helped a friend purchase a car. The final price of the car was going to be around $15,600 As he's about ready to sign the contract on the car, I look down and see that the final transaction price is $16,500. I don't know if it was an honest mistake or a sneaky mistake, but the point is that there was almost another $900 or so that were going to be financed over five years in that transaction. You really need to shake your head, get yourself refocused and look through all the numbers in the contract. If something in the contract doesn't match up to what you expected it to be based on your negotiation process - if one of the numbers doesn't add up - stop right there and ask for a full disclaimer on what's going on. Don't forget, you can still walk away at that point if you don't like the way things are going.
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