Car Dealerships - Points to Follow When Buying a Car

Review by ambrosia67 on 2013-04-28
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ORANGE, CALIFORNIA -- Obtain financing from a credit union. Contact Fleet dealers online for best deal. Never deal with salesmen. Check contract for things you didn't agree to buy or pay for: Security alarm system, vin # etched on window (you can do this yourself with a kit and some police stations will do it ) . They will charge you anywhere from $150.00 to $350.00 for this. It has happened to me. Every time, they have had to redo the contract.

My sister was approved through her credit union, but insisted on SS# and did a credit check stating it was due to a new law regarding 9/11 (security check .

Anyone know anything about this ?
Comments:3 Replies - Latest reply on 2013-04-29
Posted by nikalseyn on 2013-04-28:
Yes, it is required for any financial transaction over $10k. You can thank your friendly federal government.
Posted by saj80 on 2013-04-29:
In addition to credit unions, check community banks. My local bank financed my recent purchase at terms and rate lower then dealer or credit union financing.
Posted by Kenneth on 2013-04-29:
There is NO federal law that requires a dealer to run a credit check. If the car is being financed, there is no need to report at all. Only cash or certain other transactions must be reported.

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