Comparing Auto Loans (pdf) (CFPB): Tool: Learn how to shop for an auto loan and evaluate the total cost to help you negotiate a deal you can afford (Dealing with debt, vehicle and auto loans, interest rate, monthly payment).
Car Buying: Put Yourself in the Driver’s Seat (Ppt Presentation), Script, Handouts (workshop kit) (NEFE): Purchasing a car can be confusing and expensive. This workshop guides participants through the car-buying process, including researching, financing and completing the sale. (By downloading, you are agreeing to NEFE Content License Agreements)
Buying & Owning a Car (pdf) & Financing or Leasing a Car (pdf) (FTC): Resource: Having a car can be an expensive proposition. Read tips on buying vs. leasing, negotiating the best deal, financing, getting the most out of warranties and service contracts, using gas efficiently, and avoiding repossession. (videos, sample comparisons, total cost, dealership financing, co-signer, repossession)
Car Loans vs Car Leases (pdf) & Questions you should ask before leasing a Car (pdf) (FDIC): Resource to help differentiate car loans and car leases. These handouts can accompany the online Money Smart “Paying for College and Cars” module.
Signs of Predatory Auto Finance Loans (Center for Responsible Lending) (article) Don’t get into car trouble: Learn to spot predatory auto finance loans. Sign 1 – Dealer Kickbacks. Sign 2- loans packed with junk fees. Sign 3- “yo-yo” sales. Sign 4- Buy here- pay here. Sign 5- No option for justice in court.