15 Things to Consider When Buying Your First Car

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14. Always Get a Pre-Approved Loan

Many first-time car buyers fail to look ahead when it comes to the financing of their first auto purchase. By taking the time to shop around and find the best car loan for your money, you will not only save big money on the monthly payments, but you will also find yourself paying less money over the life of the auto loan. Most consumers make the fatal mistake of not looking in to alternative financing options before sitting down with the car dealer. Not only does working out your financing ahead of time save money at the dealership, but it is not uncommon for consumers to be able to play one bank off of another to enjoy the best rate possible.