 TITLE: When Is the Best Time to Buy a Car? CONTENT: Additional Car-Buying Tips\n--------------------------\nWhile the right timing can help you save money on a car purchase, it's not the only thing to keep in mind. To find the right fit and save, try to do the following:\n*   **Define your budget early.** Know how much you're willing to spend on a vehicle before you ever step foot on a dealership. Salespeople often try to frame the cost as a monthly payment, which they can manipulate with longer repayment terms. But if you're firm about your budget from the get-go and understand the terms of the sale, you can avoid overspending.\n*   **Do your research.** If you're in the market for a specific model, research prices at several dealerships in your area. Also, look up the value of the vehicle using Kelley Blue Book or NADAguides. This information can give you more negotiating power with a salesperson.\n*   **Save up for a down payment.** You don't have to have a huge down payment for an auto loan, and some lenders even offer 100% financing. But the more money you put down on the purchase, the less you'll have to borrow. A larger down payment can also help you score a lower interest rate.\n*   **Consider buying used.** Brand-new cars are appealing for many reasons, but you'll generally save a lot of money buying used, even if the car in question is only a few years old. The value of a new car drops quickly once it's driven off the lot, and letting someone else take that hit can mean big savings for you.\n*   **Read the contract.** Vehicle purchase contracts are long and full of fine print, so it's important to know what you're getting yourself into before you sign. Specifically, look at the fees the dealer is charging and ensure there are no add-ons that you didn't agree to. Also, check for late fees and prepayment penalties if you choose to pay off the loan early.\nWith this and other tips for car buyers in mind, it's more likely you'll have a good car-buying experience. END