Car expert reveals three key questions every buyer should ask
Omar Zein, who goes by The Car Hacker on social media, detailed the inquiries every buyer should ask at the dealership before signing any papers.
Car Buying Tips: Three Questions That Could Save You Thousands Are you planning to buy a car? Before you sign on the dotted line, make sure you ask these three critical questions, according to The Car Hacker, a popular online car buying expert. He emphasizes that these questions can save you thousands of dollars. First, always ask for the total out-the-door price. This includes all fees, taxes, and other charges. "This forces them to stop hiding profit in the monthly math," says The Car Hacker. This ensures transparency and prevents unexpected costs. Second, don't just ask if the interest rate is good; find out the exact APR or money factor from the lender. This shows the dealer you're knowledgeable and reduces the chance of being offered a less favorable rate. Finally, inquire about optional versus required items. Many dealerships try to add unnecessary add-ons. The Car Hacker points out that many of these, such as extended warranties or paint protection, are not required by the lender. By asking this question, you can save money on unnecessary extras. By asking these three questions, you'll be empowered to control the deal and avoid costly mistakes. Remember, real buyers don't chase approval; they control the deal.
Omar Zein, who goes by The Car Hacker on social media, detailed the inquiries every buyer should ask at the dealership before signing any papers.