What kind of car should I buy? Examine your needs, wants, and your budget. Ask yourself these questions: What will I need the vehicle for? Do I need passenger and cargo capacities? Will I need to tow anything? How many miles will I drive each year? Will I use the vehicle more for short trips or long trips? How long will I expect to keep the vehicle.
Buying a Used Car You can buy from a used car dealer, a new car dealer or a private owner. A new car dealer may provide a Warranty. What is a Warranty? Read the Warranty carefully. A used car dealer may have a large selection of used cars. A private owner may cost less but will seldom repair or give you a warranty.
Buying a Used Car Check the Blue Book. If possible, Talk to the previous owner. Outside and inside checks. Test drive. Have the vehicle inspected.
Insurance What is the Financial Responsibility Law? What is Liability Insurance? What are the 2 kinds of Liability Insurance? Bodily-Injury Liability covers someone's injuries (or Death) Property-damage Liability covers Property damage (Like another car)
What is Collision Insurance? Collision Insurance covers you if you are at fault. Pays to repair or replace your car less the Deductible. What is a Deductible? Deductible is the amount you agree to pay towards the repair or replacement of your car. ( Higher deductible = Lower Premium)
What kind of insurance would cover these situations? Windshield shatters from a rock You run over your friends puppy. You hit someones mailbox. You hit a pedestrian. Your car is hit by hail. Your vehicle will not start after school. Your car hits a tree & you are injured. Comprehensive Property damage liability Bodily injury liability Comprehensive Towing Collision & Medical payments