Due Diligence Tips When Buying A New Car
Buying a new car is exciting, but it’s also a big purchase. You’ll need to do some research throughout the car buying process to make sure it’s a safe investment.
Here are some due diligence tips to use when buying a new car.
Check the Car’s Safety Ratings
Know the Price
You’ll need to research affordability before you buy a car. Your credit union will provide better auto loan cost estimates than a dealer, so come to us first.
Read the Contract
The fine print – it might be boring, but it’s very important. You should:
- Read the contract and decide if you agree with it
- Check for blank spaces you need to fill
- Verify statements different than what you expected
- Sign documents stating final prices before leaving with a new car
If you’re buying a new car, the Kelly Community team has your family’s best interests in mind and provides honest, affordable auto loans. We’ll give you the hassle-free experience your family deserves when shopping for a new car.