This video was first publish on Car Coach Youtube Chanel
In this video, we'll discuss the hidden costs associated with car loans that many people overlook. We're going to talk about some of the most common car loan mistakes that people make. And, guess what? These mistakes can actually cost you a lot of money!Buying a car can be a big financial commitment, and it's important to understand all the costs involved before making a purchase.
If you want to save money on your next car purchase, you will need to do more than strike a good deal with the salesperson on the sticker price. A mistake when taking out a car loan could cost you money and erase the savings negotiated on the purchase price.
We'll also provide tips on how to avoid car loan disasters and save money in the long run. So if you're in the market for a car loan, this video is a must-watch! Don't let hidden costs catch you off guard - stay informed and be a smart car buyer.
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00:00 Car Loan Blunders That Could Be Costing You BIG!
01:02 dealer financing tricks
02:35 credit scores matter
03:15 current loan rates
04:03 long term loans
04:30 save more money
05:02 extended warranty, gap insurance
05:45 interest rates
06:10 upside down on loan
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