Auto Buying

Four tips for buying a vehicle

Sherry Zimmer
Financial Center Manager with Fifth Third Bank
Prepare yourself for negotiating the best price and financing for your new vehicle.

Buying a new sweater at a shopping mall is pretty straightforward. But buying a vehicle is a bit more complicated. Whether you are buying new or used, you will need to be able to successfully negotiate with a dealership salesperson to get the best price and financing. You can help prepare yourself by learning as much as you can before walking in the door. Sherry Zimmer, a Financial Center Manager with Fifth Third Bank, provides the following four tips:

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Level the Car Dealership Playing Field

Matthew Cook
Financial Center Manager with Fifth Third Bank
Find out ways to avoid the most common car-buying pitfalls.

Buying a new vehicle is exciting, but nothing will take the air out of your tires faster than discovering you overpaid or didn’t get the best interest rate. Matthew Cook, Financial Center Manager with Fifth Third Bank, shares strategies to help avoid the most common car-buying pitfalls:

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When should you consider leasing?

Angel Hale-Frater
Financial Center Manager with Fifth Third Bank
Learn when leasing a car may be your best option.

The automobile industry is beginning to show signs of a recovery, but there is still a considerable stretch of pavement for them to cover. To get you behind the wheel of a new vehicle, dealers are using a variety of financing tools and incentives, including leasing.

“Leasing a vehicle might be a good option if you can’t afford the down payment and higher monthly payments that come with buying a new automobile,” says Angel Hale-Frater, a Financial Center Manager with Fifth Third Bank.

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