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Smart Car Buying Guide for Students: Trade-Ins, Negotiation, and Contract Tips

Learn essential strategies for buying a car as a student. Trade-In tips help you know the value, while negotiation tactics ensure you get the best price. Before signing the contract, understand fees and deduct rebates. Stay informed to make a smart purchase!

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Smart Car Buying Guide for Students: Trade-Ins, Negotiation, and Contract Tips

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  1. Buying a Car: Road Tips By Student Name

  2. Trade-Ins • Know car’s value • Clean completely • Wash and wax it • Clean the engine • Make minor repairs • Change oil, filter • Get quote in writing

  3. Negotiating Price • Negotiate price before financing • Let dealer make the first offer • Your offer • Know invoice price and cost of options • Offer $200- $400 over dealer invoice • Do not negotiate down from MSRP

  4. Before Signing the Contract • Make sure price includes options, tax • Pay destination fees, taxes, license • Do not pay advertising, delivery fees • Deduct rebate from price to avoid tax • Question vague language • Read all the fine print

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