Cars are the second biggest purchase people make, and it is one of the few major purchases most of us make several times in our lives. This means that the tricks you learn to save money when buying a new or used vehicle can save you quite a bit of money over a lifetime. Here are a few tips on how to save money on your next car purchase.

Don’t Pay for What They Should Already Provide

It is either a new car or a dealer refurbished car. Don’t pay for them to clean it or detail it yet again. The car doesn’t need a new coat of wax or additional sealants applied; this is often sold as paint and fabric protectant. This may not be necessary if the car retains the protectant applied by the manufacturer, and it is cheaper for you to do it yourself. You shouldn’t need an inspection or tune-up before driving it off the lot. If the car is a lemon, you should either be getting a significant discount on it or they shouldn’t be selling it.

Shop Around for a Loan

You can save a lot of money by shopping around. Don’t make the mistake that the car dealer will offer you a good rate because you’re buying a car from them. The financing department rivals the repair shop in profits generated for the organization. Don’t just go with your bank, either, because they may not give you the best interest rate. Do your research, and find out what auto loan providers such as this website will offer you.. When you have more information, you’ll be able to make a more informed choice and find the right loan for your situation

Skip the Unnecessary Add-Ons

You don’t need an extended warranty on a car. They hire actuaries to determine how much to charge you to guarantee the money you put in plus their administrative overhead exceed what the average person gets out of it. Know that an extended warranty gets its name because it is on top of the manufacturer’s warranty.

A number of car dealers are aware of this advice and rebranded it as a vehicle protection plan or an extended service contract. Regardless of the name, it is unnecessary. If they tell you the car will have that much trouble in a few years, research the reliability ratings yourself. Skip the window etching. Thieves don’t care about it when stealing the car. Skip the air fresheners and little dealer advertising decals, too.

Don’t Rely on the Dealer for What You Should Get Elsewhere

Skip the insurance that the car dealer offers you, too. For example, they’re going to charge you far higher insurance rates than most insurers. And they may try to sell you gap insurance. This only pays the difference between what the insurer pays when the vehicle is totaled and what you owe on the loan. One way to eliminate  the need for this is to have car insurance that pays the replacement cost of the vehicle. Another is to put down a larger down payment on the vehicle or opt for a shorter loan term so that there isn’t a “gap” if the vehicle gets totaled