Top 4 things to do before going to the dealership

  1. Based on your needs and budget, determine a realistic price range for the vehicle you are thinking of buying.
  2. Know the difference between financing and leasing.
  3. Know your credit record.
  4. Compare annual percentage rates (APR) from other sources such as banks, finance companies, and credit unions.

Top 4 things to do while visiting the dealership

  1. Stay within the price range you can afford.
  2. Negotiate your finance arrangements and terms.
  3. Understand the value and cost of optional products such as extended service contracts, credit insurance, or guaranteed auto protection. If you don't want these products, don't sign for them.
  4. Read the contract carefully before you sign it.

A printable wallet card can be downloaded here


Recognizing the need for consumer education, automotive industry leaders have formed AWARE (Americans Well-informed on Automobile Retailing Economics), a collaborative industry effort to provide consumers with information, tools, and other resources to better understand the auto financing system.