💰My top car buying tip

read time 2 minutes

Hi there,

Most people spend hours negotiating the price of a car.

Very few negotiate the financing. That one mistake can quietly cost you thousands.

Here's why: when you finance through the dealership, it's easy to assume you're getting the best rate available. Sometimes you are. But not always.

Many buyers never compare offers before walking into the dealership. They simply accept whatever financing is presented because it's convenient. That's exactly why I always recommend getting pre-approved for an auto loan through your bank or credit union before you shop.

Now you have something to compare against. Even better, you have leverage.

If the dealership wants to keep your financing in-house, they may be willing to beat your pre-approved rate.

I've seen people shave whole percentage points off their interest rate simply because they walked in with another offer. On a large auto loan, that can mean saving hundreds, or even thousands, of dollars over the life of the loan.

The best part? Getting pre-approved usually only takes a few minutes online.

It's one of those small financial habits that most people skip because it seems insignificant. But small percentages matter. Whether it's your mortgage, your investments, or your car loan, even a slightly better rate can have a huge impact over time. 

So before you buy your next car, remember this: negotiate more than just the sticker price.

Shop your financing. Compare your options.

And don't forget to compare your car insurance too. A few extra comparisons can often save you just as much as negotiating the loan itself.

Building wealth isn't always about earning more. Sometimes it's simply about keeping more of the money you already have.

Using my affiliate link helps support my team and I to create new content for you every week. Thank you! 

- Milan and Team

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