Abc News Car Buying Tips -

ABC News offers a variety of car-buying tips focusing on negotiation strategies, budgeting, and inspection to help shoppers avoid common pitfalls like overpaying or taking on unmanageable debt.

: Former dealership professionals suggest negotiating over the phone to keep the decision analytical. It is much easier to hang up when a dealer "plays games" than it is to walk away when sitting in front of someone.

: Contact 5 to 10 dealerships and have them bid against each other to drive the price down. abc news car buying tips

: With trade-in values remaining strong in 2026, get multiple appraisals online and from local dealers to ensure you capture your car's full value as a negotiating tool. Used Car Shopping Tips

: Secure financing from a bank or credit union before arriving at the dealership. This provides a baseline rate that the dealer may try to beat with manufacturer-backed promotions. ABC News offers a variety of car-buying tips

: This is a buyer's most powerful tool. Dealers want your money and often hate the idea of a competitor getting the sale.

: Avoid the "monthly payment" trap. Dealers often use monthly budgets to hide the true cost of the vehicle, interest rates, or expensive add-ons like extended warranties. : Contact 5 to 10 dealerships and have

: Be wary of 72-month or 84-month loans. While they lower monthly bills, they increase total interest paid and keep you "underwater" (owing more than the car is worth) for much longer.