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how to buy a used car in california
They are worth far more to the dealer than they are to you. You should never wait until an old car is dead before searching for a new one because you should give yourself time to shop around for one and get the best deal possible. They can offer you one dollar over the invoice. When you are paying cash why would you think that you need to fill out a credit application? Turnover scam: This is when the dealership sends over many different salespeople hoping to wear you down and get you to hurry up and buy.


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The dealership then extends your monthly payments so that they can make it appear that you are paying a small amount monthly when you dont even realize that you have committed to an extra year of payments. You dont have worry about it anymore because this guide will teach how to avoid that very problem. This scam is generally pulled on people with bad credit because it is more plausible. FightingChance. The trickiest closing cost scam is the extended warranty because the language used is so confusing.

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How to Avoid Car Refinance Scams

Purchasing a new car from the dealership leaves you open to dealership scams, but what about when you need to refinance your car loan?
Many of the scams are the same as you will encounter when buying a car.

Here are the best tips for avoiding any of the refinance scams that dealerships force you through.

Get your own credit score and bring it with you to the dealership

Dont pay a cash deposit for your financing loan because if the deal goes bad, you cant get your deposit back

Dont apply for a car loan until you have been employed for at least 6 months if you are a recent college graduate

Apply for your loan online so you can avoid getting ripped off

Learn to fix your credit before you apply for a loan. Get your credit score to at least 680 first.


Pay off your credit card debts before you look for a new car
If you have recently moved wait 6 months before applying for a loan. You addresses are always verified. If you move a lot, they will not trust that they can keep track of your whereabouts should you make late payments etc.

Having been approved for a loan in the past helps

Dont get a co-signer for your loan because often times you will find that the deal is solely in the other persons name