Buying a Car
Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Military Auto Loans and other Auto Loans topics.
Buying a Car
One of the first things active duty military members should do when walking on to a car lot is to tell the salesperson, "I'm in the military. What sort of military discount do you offer buyers?"
Many car dealerships, especially dealerships which are located near a military installation, offer generous discounts to military personnel. In some instances, the dealership may not necessarily have a policy of extending discounts to military personnel, but if you ask, they may knock a nice bit of money off the purchase price of a car. Whether you secure the financing through the dealership, or if you already have your financing in place from a lender, saving $500 or $1,000 simply for being in the military is great. You should never feel apprehensive about asking for a military discount, especially with big-ticket items, like cars. After all, if a company wants to grant you a nice discount as thanks for your serving the country, you certainly deserve it. Just be sure to have a copy of your military identification card with you, in case the dealership wants proof of your current service. Also, be sure that you are still paying a fair price for the vehicle you purchase; if a car is priced $2,000 over what you should be paying and the dealership gives you a $1,000 military discount, you are still paying $1,000 too much.
| Guru Spotlight |
| Sherril Steele-Carlin |
