When it comes to car buying, Clark Howard is a trusted expert who provides valuable advice to consumers. His website, ClarkHoward.com, offers comprehensive information on how to save money and get the best deal on a new car. Howard recommends negotiating with car dealers, researching different models, and getting pre-approved for a loan before visiting a dealership. By following his tips, car buyers can avoid common pitfalls and make informed decisions.

One of the key benefits of using Clark Howard’s advice is that it can help car buyers save money. By negotiating with dealers, consumers can often get a lower price on the car they want. Howard also recommends taking advantage of rebates and incentives, which can further reduce the cost of a new car. Additionally, getting pre-approved for a loan can give car buyers more leverage when negotiating with dealers.

Overall, Clark Howard’s advice is a valuable resource for car buyers who want to save money and get the best deal on a new car. By following his tips, consumers can avoid common pitfalls, make informed decisions, and drive away in the car they want at a price they can afford.

Clark Howard New Car

When it comes to buying a new car, Clark Howard is a trusted expert who provides valuable advice to consumers. His tips can help car buyers save money, avoid common pitfalls, and make informed decisions. Here are 10 key aspects of Clark Howard’s advice on buying a new car:

• Negotiate with dealers: Howard recommends negotiating with car dealers to get the best possible price on a new car.
• Research different models: Before visiting a dealership, Howard advises consumers to research different car models to find one that meets their needs and budget.
• Get pre-approved for a loan: Getting pre-approved for a loan can give car buyers more leverage when negotiating with dealers.
• Take advantage of rebates and incentives: Howard recommends taking advantage of rebates and incentives offered by car manufacturers and dealers.
• Consider leasing: Leasing a car can be a good option for some consumers, and Howard provides advice on how to decide if leasing is right for you.
• Avoid add-ons: Dealerships often try to sell add-ons to car buyers, such as extended warranties and paint protection. Howard advises consumers to avoid these add-ons unless they are absolutely necessary.
• Read the contract carefully: Before signing a contract to buy a new car, Howard recommends reading the contract carefully to make sure you understand all of the terms and conditions.
• Be prepared to walk away: If you’re not happy with the deal that a dealer is offering you, Howard advises being prepared to walk away.
• Get a second opinion: If you’re not sure about a particular car or deal, Howard recommends getting a second opinion from a trusted mechanic or friend.
• Be patient: Buying a new car can take time and effort. Howard advises consumers to be patient and not to rush into a decision.

By following Clark Howard’s advice, car buyers can save money, avoid common pitfalls, and make informed decisions. Howard’s tips can help consumers get the best possible deal on a new car that meets their needs and budget.

Negotiate with dealers

This is an important aspect of Clark Howard’s advice on buying a new car because it can save consumers a significant amount of money. By negotiating with dealers, consumers can often get a lower price on the car they want. Howard provides several tips for negotiating with dealers, such as researching the car’s value in advance, being prepared to walk away from the deal, and getting multiple quotes from different dealers.

For example, let’s say you’re interested in buying a new Honda Accord. The sticker price of the car is $25,000. However, by negotiating with the dealer, you may be able to get the car for $23,000. This would save you $2,000 on the purchase price of the car.

Negotiating with dealers is not always easy, but it’s worth it if you can save money on your new car. By following Clark Howard’s advice, you can increase your chances of getting the best possible price on a new car.

Research different models

Researching different car models is an important part of Clark Howard’s advice on buying a new car because it helps consumers make informed decisions and choose the right car for their needs and budget. By researching different models, consumers can compare features, prices, and fuel efficiency to find the car that best meets their requirements.

• Facet 1: Understanding Needs and Budget
  Researching different car models helps consumers understand their own needs and budget. By considering their lifestyle, daily driving habits, and financial situation, consumers can narrow down their choices and focus on cars that are a good fit for them.
• Facet 2: Comparing Features and Prices
  Researching different car models allows consumers to compare features and prices. By reading reviews, visiting manufacturer websites, and talking to car experts, consumers can get a good understanding of the different features available on different models and how much they cost.
• Facet 3: Considering Fuel Efficiency
  Fuel efficiency is an important consideration for many car buyers. By researching different car models, consumers can compare fuel economy ratings and choose a car that meets their fuel efficiency needs.
• Facet 4: Making an Informed Decision
  By researching different car models, consumers can make informed decisions about which car to buy. They can choose a car that meets their needs, fits their budget, and has the features they want.

Overall, researching different car models is an important part of Clark Howard’s advice on buying a new car. By following his advice, consumers can make informed decisions and choose the right car for their needs and budget.

Get pre-approved for a loan

Getting pre-approved for a loan is an important aspect of Clark Howard’s advice on buying a new car because it can give car buyers more leverage when negotiating with dealers. When a car buyer is pre-approved for a loan, they know exactly how much they can afford to spend on a car. This gives them a stronger negotiating position with dealers, as they are not as reliant on the dealer’s financing options. Additionally, pre-approved buyers may be able to secure a lower interest rate on their loan, which can save them money in the long run.

For example, let’s say you’re interested in buying a new Honda Accord. You’ve done your research and you know that the car has a sticker price of $25,000. However, you’re not sure how much you can afford to spend on a car each month. By getting pre-approved for a loan, you can get a better understanding of your budget and how much you can afford to spend on a car.

In addition to giving you more leverage when negotiating with dealers, getting pre-approved for a loan can also save you time and hassle. By having your financing in place before you visit a dealership, you can avoid the hassle of having to apply for a loan at the dealership. This can also help you avoid getting caught up in the pressure of the sales process and making a decision that you may regret later.

Overall, getting pre-approved for a loan is an important part of Clark Howard’s advice on buying a new car. By following his advice, you can increase your chances of getting the best possible deal on a new car.

Take advantage of rebates and incentives

Taking advantage of rebates and incentives is an important aspect of Clark Howard’s advice on buying a new car because it can save consumers money on the purchase price of a new car. Rebates and incentives are offered by car manufacturers and dealers to encourage consumers to buy new cars. Rebates are typically cash back offers, while incentives can take the form of discounts, low interest rates, or extended warranties.

For example, let’s say you’re interested in buying a new Honda Accord. The sticker price of the car is $25,000. However, the manufacturer is currently offering a $2,000 rebate on the Accord. This means that you could purchase the car for $23,000, saving you $2,000 on the purchase price.

In addition to rebates, dealers may also offer incentives on new cars. For example, a dealer may offer a 0% interest rate for the first year on a new car loan. This can save you money on the interest charges associated with your loan.

Overall, taking advantage of rebates and incentives is a smart way to save money on the purchase price of a new car. By following Clark Howard’s advice, you can increase your chances of getting the best possible deal on a new car.

Consider leasing

Leasing a car can be a good option for some consumers, and Clark Howard provides advice on how to decide if leasing is right for you. Leasing is a good option for consumers who want to drive a new car without the long-term commitment of buying a car. Leases are typically shorter than loans, and lessees can often get lower monthly payments than they would if they were financing a car.

• Facet 1: Flexibility
  Leasing offers more flexibility than buying a car. Lessees can typically get out of their lease early without having to pay a penalty. This can be a good option for consumers who are not sure how long they will need a car or who want to have the option to upgrade to a new car every few years.
• Facet 2: Lower monthly payments
  Leases typically have lower monthly payments than loans. This can be a good option for consumers who are on a budget or who want to save money for other expenses.
• Facet 3: No down payment
  Leases often do not require a down payment. This can be a good option for consumers who do not have a lot of money saved up.
• Facet 4: Maintenance costs
  Leases often include maintenance costs. This can be a good option for consumers who want to avoid the hassle and expense of maintaining a car.

Overall, leasing a car can be a good option for consumers who want to drive a new car without the long-term commitment of buying a car. Leases are typically shorter than loans, and lessees can often get lower monthly payments than they would if they were financing a car. However, it is important to weigh the pros and cons of leasing before making a decision.

Avoid add-ons

Dealerships often try to sell add-ons to car buyers, such as extended warranties and paint protection. These add-ons can be expensive and may not be worth the cost. Clark Howard advises consumers to avoid these add-ons unless they are absolutely necessary.

• Facet 1: Extended warranties
  Extended warranties are often sold to car buyers as a way to protect their investment. However, these warranties are often expensive and may not cover all of the repairs that a car may need. In most cases, it is better to save the money that you would spend on an extended warranty and use it to pay for repairs as needed.
• Facet 2: Paint protection
  Paint protection is another common add-on that dealerships try to sell to car buyers. These products are designed to protect the car’s paint from scratches and other damage. However, these products are often not necessary and may not provide the protection that they claim. In most cases, it is better to simply wash and wax your car regularly to protect the paint.
• Facet 3: Other add-ons
  Dealerships may also try to sell you other add-ons, such as fabric protection, VIN etching, and nitrogen-filled tires. These add-ons are often not worth the cost and may not provide any real benefit.

Overall, it is important to be aware of the add-ons that dealerships try to sell to car buyers. These add-ons can be expensive and may not be worth the cost. By following Clark Howard’s advice, you can avoid these add-ons and save money on your new car.

Read the contract carefully

Understanding the significance of reading the contract carefully before signing it is paramount when purchasing a new car. This action ensures that buyers comprehend their rights and obligations outlined in the document, empowering them to make informed decisions that align with their needs and financial capabilities.

• Legal implications:
  The contract serves as a legally binding agreement between the buyer and the dealership, outlining the terms of the sale. By thoroughly reviewing the contract, buyers can grasp their legal responsibilities and avoid potential disputes or misunderstandings.
• Financial implications:
  The contract specifies the total cost of the vehicle, including the purchase price, interest rates, and any additional fees. Careful examination of these details allows buyers to assess the financial impact of the purchase and make informed decisions regarding their budget.
• Warranty and maintenance:
  The contract often includes information about the vehicle’s warranty coverage and maintenance schedule. Understanding these terms ensures that buyers are aware of the coverage they have and the responsibilities they hold for maintaining the car.
• Contingencies and clauses:
  Contracts may include contingencies or clauses that outline specific conditions or circumstances that can affect the purchase. Reading these clauses carefully helps buyers understand the potential risks and options available to them.

In conclusion, reading the contract carefully before signing is a crucial aspect of Clark Howard’s advice on buying a new car. By doing so, buyers can protect their interests, make informed decisions, and avoid any unpleasant surprises down the road.

Be prepared to walk away

When it comes to negotiating the purchase of a new car, being prepared to walk away is a powerful strategy that can significantly increase your chances of getting a fair deal. This tactic, recommended by consumer advocate Clark Howard, empowers buyers to maintain control over the negotiation process and avoid unfavorable terms.

• Facet 1: Setting Boundaries
  Being prepared to walk away sets clear boundaries for the negotiation. It communicates to the dealer that you are not willing to accept an unfair deal and that you are serious about finding a mutually agreeable solution.
• Facet 2: Demonstrating Confidence
  Walking away from a negotiation requires confidence and assertiveness. By doing so, you demonstrate to the dealer that you are knowledgeable about the market and that you are not afraid to explore other options.
• Facet 3: Avoiding Pressure Tactics
  Dealers often use pressure tactics to try to close a sale quickly. Being prepared to walk away helps you resist these tactics and avoid making impulsive decisions that you may regret later.
• Facet 4: Increasing Leverage
  When you are prepared to walk away, you increase your leverage in the negotiation. Dealers are more likely to make concessions and offer better deals to buyers who are willing to walk away.

In conclusion, being prepared to walk away is an essential aspect of Clark Howard’s advice on buying a new car. By adopting this strategy, buyers can empower themselves in the negotiation process, increase their chances of getting a fair deal, and avoid making decisions that they may later regret.

Get a second opinion

Seeking a second opinion is a valuable aspect of Clark Howard’s advice on buying a new car. It provides buyers with an opportunity to gain additional insights and perspectives, ensuring they make informed decisions and avoid potential pitfalls.

• Facet 1: Unbiased Evaluation
  A trusted mechanic or friend can provide an unbiased evaluation of a car’s condition and value. They can identify potential issues or concerns that may not be readily apparent to the buyer, helping them make a more informed decision.
• Facet 2: Market Knowledge
  A second opinion from a mechanic or friend who has knowledge of the car market can provide valuable insights into the fair value of a particular vehicle. They can compare the offered deal to similar cars in the market, ensuring buyers get a fair price.
• Facet 3: Emotional Support
  Buying a new car can be an emotionally charged experience. Having a trusted friend or mechanic present can provide emotional support and help buyers stay focused on their goals and priorities.
• Facet 4: Contract Review
  A second opinion can also be helpful when reviewing the purchase contract. A trusted mechanic or friend can provide insights into the terms and conditions, ensuring buyers understand their obligations and are not signing an unfavorable agreement.

In conclusion, getting a second opinion is a crucial aspect of Clark Howard’s advice on buying a new car. It empowers buyers with additional knowledge, support, and objectivity, increasing their chances of making informed decisions and getting a fair deal.

Be patient

The process of buying a new car can be time-consuming and overwhelming, especially for first-time buyers or those unfamiliar with the market. Clark Howard’s advice to “be patient” highlights the importance of taking the necessary time to research, compare options, and make an informed decision. Rushing into a purchase can lead to hasty choices, missed opportunities for better deals, and potential buyer’s remorse.

Howard emphasizes that being patient allows consumers to thoroughly evaluate their needs, budget, and preferences. By taking the time to compare different makes, models, and dealerships, buyers can identify the options that best align with their requirements and financial situation. Patience also enables consumers to take advantage of seasonal discounts, promotions, or special offers that may arise over time.

Furthermore, being patient can help buyers avoid the pressure tactics often employed by car salespeople. Dealers may attempt to rush buyers into making a decision or pressure them into accepting unfavorable terms. By remaining patient and composed, consumers can maintain control of the negotiation process and make choices that are in their best interests.

In conclusion, patience is a crucial virtue for consumers considering the purchase of a new car. By following Clark Howard’s advice to “be patient,” buyers can increase their chances of making a well-informed decision, securing a fair deal, and driving away in a car that meets their needs and budget.

FAQs on Buying a New Car with Clark Howard’s Advice

Purchasing a new car involves significant financial investment and decision-making. To assist consumers in navigating this process, renowned consumer advocate Clark Howard provides valuable advice and guidance. Here are some frequently asked questions (FAQs) concerning new car purchases, addressed with his insights:

Question 1: How can I get the best deal on a new car?

Answer: Clark Howard emphasizes the importance of thorough research, negotiation, and patience when purchasing a new car. Researching different models, comparing prices and features, and negotiating with dealers can help you secure a favorable deal. Patience allows you to monitor the market for better offers and avoid hasty decisions.

Question 2: Should I lease or buy a new car?

Answer: The decision between leasing and buying depends on your individual circumstances and financial goals. Leasing offers lower monthly payments and flexibility, but you do not own the car at the end of the lease term. Buying involves higher monthly payments but allows you to build equity and potentially sell the car for profit in the future.

Question 3: How much should I spend on a new car?

Answer: Clark Howard advises against spending more than 20% of your annual household income on a new car. This includes not only the purchase price but also ongoing expenses such as insurance, maintenance, and fuel.

Question 4: What are common pitfalls to avoid when buying a new car?

Answer: Common pitfalls to watch out for include falling for dealer pressure tactics, accepting unfavorable financing terms, and neglecting to get a vehicle history report. By researching and being prepared, you can avoid these pitfalls and make an informed decision.

Question 5: How can I get the most value for my trade-in?

Answer: To maximize the value of your trade-in, ensure it is clean, well-maintained, and has a good maintenance record. Research the value of your car using resources like Kelley Blue Book or NADA Guides, and be prepared to negotiate with the dealer.

Question 6: What are the benefits of buying a certified pre-owned car?

Answer: Certified pre-owned (CPO) cars undergo rigorous inspections and come with extended warranties. While they may cost more than regular used cars, they offer peace of mind and the reassurance of knowing that the car has been thoroughly checked and reconditioned.

By considering these FAQs and following Clark Howard’s advice, you can increase your knowledge, make informed decisions, and navigate the process of buying a new car with greater confidence and financial prudence.

Transition to the next article section: Exploring Additional Resources for New Car Buyers

Tips for Buying a New Car

Purchasing a new car requires careful consideration, research, and financial planning. To assist you in this process, here are several essential tips to keep in mind:

Tip 1: Research Different Models and Prices

Before visiting dealerships, thoroughly research various car models, comparing their features, fuel efficiency, safety ratings, and prices. Utilize online resources, consumer reviews, and automotive publications to gather comprehensive information.

Tip 2: Determine Your Budget and Financing Options

Establish a realistic budget that includes not only the purchase price but also ongoing expenses like insurance, maintenance, and fuel. Explore different financing options, such as loans and leases, and compare interest rates and terms to secure the most favorable deal.

Tip 3: Negotiate with Confidence

When negotiating with car dealers, be prepared and informed. Research the fair market value of the vehicle, and be willing to walk away if the deal does not meet your expectations. Focus on negotiating the total cost, including the purchase price, trade-in value, and financing terms.

Tip 4: Get a Vehicle History Report

Obtain a vehicle history report to uncover any accidents, repairs, or other issues associated with the car. This report provides valuable insights into the vehicle’s condition and can help you avoid potential problems.

Tip 5: Consider Certified Pre-Owned Cars

Certified pre-owned (CPO) cars offer a compromise between new and used vehicles. They undergo rigorous inspections, come with extended warranties, and provide peace of mind knowing that the car has been thoroughly reconditioned.

Tip 6: Take Advantage of Incentives and Rebates

Car manufacturers and dealerships often offer incentives and rebates to encourage purchases. Research available programs, compare offers, and negotiate to maximize your savings.

Tip 7: Avoid Unnecessary Add-Ons

Dealerships may attempt to sell additional products and services, such as extended warranties, paint protection, and fabric protection. Carefully consider the necessity of these add-ons and their potential value before making a decision.

Tip 8: Be Patient and Informed

Purchasing a new car should not be a rushed decision. Take your time, research different options, compare prices, and negotiate confidently. By being informed and patient, you can increase your chances of finding the right car at the right price.

These tips will empower you to make an informed decision when buying a new car, ensuring a satisfying and financially responsible purchase.

conclusion new car clark howard

When it comes to purchasing a new car, Clark Howard’s advice and guidance provide valuable insights for consumers seeking to make informed decisions and secure favorable deals. By following his recommendations, car buyers can navigate the complexities of the automotive market with confidence.

Howard emphasizes the importance of thorough research, skillful negotiation, and patience throughout the buying process. His tips empower consumers to compare different models, understand financing options, and avoid common pitfalls that can lead to financial setbacks. By adhering to these principles, car buyers can increase their chances of finding the right car at the right price.

In today’s dynamic automotive landscape, Clark Howard’s advice remains a beacon of wisdom for car buyers. His consumer-centric approach empowers individuals to make informed decisions, maximize their savings, and drive away in the car that best meets their needs and budget.