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ORAL INTERACTION 10

BUYING A CAR

Buying a new car is a wonderful experience for everybody, but make sure what car you really
need so you won’t be spending more than what you can really afford. Here are some tips to
consider when buying a new or used car.

What's the smartest way to buy a car?


Here's what I recommend:
Understand your credit score before you go to the dealership.
If your credit isn't perfect, get financing quotes before you go.
Keep the term as short as you can afford.
Put 20 percent down.
Pay for taxes, fees, and “extras” with cash.
When to refinance a car loan.

What do you need to check when buying a used car?


What to look for when buying a used car?
Vehicle history check. A car history check is vital when buying a used car. ...
Value of the vehicle. ...
Get a good view. ...
Test the seller. ...
See the registration document. ...
Locks and windows. ...

Is it better to get car loan from bank or dealer?


The interest rate on loans from these dealerships can be much higher than loans from a bank, credit
union, or other type of lender. Consider whether the cost of the loan outweighs the benefit of buying
the vehicle. ... Buying a car is a big decision, especially when it comes to your money.

How much can you get a dealer to come down on a used car?
Having a firm idea of the car's value can help you decide how much you're willing to pay. If the dealer
is asking $18,000, for example, but you believe it's only worth $15,000 based on your research, you
may decide to meet in the middle and offer$16,500.

GLOSSARY
DEALERSHIP: an establishment authorized to buy and sell specific goods, especially motor vehicles.
AFFORD: have enough money to pay for
LOAN: a thing that is borrowed, especially a sum of money that is expected to be paid back with
interest.
CREDIT UNION: a non-profit-making money cooperative whose members can borrow from pooled
deposits at low interest rates.
FEE: an amount of money paid for a particular piece of work or for a right or service
NOW WHATCH THE VIDEOS BELOW TO HAVE AN IDEA WHAT YOUR VIDEO IS GOING TO BE
ABOUT, BUYING A NEW CAR EITHER NEW OR USED.

https://www.youtube.com/watch?v=9N4RpohW-hU - How to Buy a Used Car

https://www.youtube.com/watch?v=I4ArgsnpYCw – Comparing new and used cars

https://www.youtube.com/watch?v=RAfQKFozZp0 - 3 tips for buying a new car

NOW, YOUR TASK IS TO UPLOAD A VIDEO TELLING YOUR EXPERIENCES OR SOMEBODY


ELSE’S WHEN BUYING A CAR. YOU CAN TELL YOUR EXPRIENCES AND
RECOMMENDATIONS REGARDING THIS ISSUE.

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