In This Issue
New Advice Column, Auto Financing 101: Ask the Expert
AWARE In the News
AWARE Education Allies
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AWARE
Education Allies
"Education Allies" are organizations that share our commitment to expanding consumers’ understanding of the vehicle financing process, and are working with AWARE to disseminate this information. To learn more, click here.

AWARE is currently working with the following organizations:
AWARE is a national education campaign with a singular goal of building a greater understanding among consumers about how the vehicle financing process works. As part of our continuing commitment to educate consumers, we have created this monthly e-newsletter to provide you and your organization with news, information and other resources that you can use to enhance any auto financing education or information you provide to consumers.

Every month, Eric Hoffman, Director of AWARE, will address consumers’ questions about all aspects of the auto financing process in a new advice column called Auto Financing 101. Here's an excerpt from this months column:

I just graduated from college and got my first job…I need a “grown up” car that will get me to and from work. I want to be sensible, but I know me – I’m going to walk into a dealership and fall in love with a car I can’t afford and get in over my head. Any tips to help me make the best decision?

Information is power – it will give you power to negotiate, and power over yourself to make the best decision using cold, hard facts instead of your heart...The first thing to do is create a budget to determine how much you can afford to pay on a monthly basis. [Click here to read more]
AWARE IN THE NEWS

The Associated Press recently covered an AWARE survey indicating that 3 out of 4 Americans do not check their credit score or research financing options before visiting a dealership. The AP suggested "…a short stint with Auto Financing 101 before you saunter into a car dealership."

Jean Chatzky, a widely respected nationally syndicated columnist, also wrote about the AWARE survey in a column that appeared in the New York Daily News. The column included some of AWARE's tips to help consumers navigate the auto financing process.

In the news:

Business Watercooler Stories - Associated Press - February 15, 2006

Cutting Car Buying Costs - New York Daily News - February 14, 2006


AWARE (Americans Well-informed on Automotive Retailing Economics) is sponsored by the American Financial Services Association, National Automobile Dealers Association, National Association of Minority Automobile Dealers, American International Automobile Dealers Association, and other auto dealers and finance companies. All of the companies and associations involved have a long history of educating consumers about auto financing. For more information about AWARE, including AWARE members and how to become an Education Ally, click here. AWARE can be reached at (866) 693-4464 or via e-mail at info@autofinancing101.org. If you no longer wish to receive AWARE's e-newsletter, send an email with the subject line "unsubscribe" to info@autofinancing101.org.
 
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