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10 TOP 10 TOP CAR BUYINGCAR BUYING TIPS TIPS for STUDENT DRIVERSfor STUDENT DRIVERS

and and Their PARENTS!Their PARENTS!

By By

Sarah Lee MarksSarah Lee Marks

Personal Car DealerPersonal Car Dealerwww.mycarlady.comwww.mycarlady.com

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Start with a PLANStart with a PLAN……

1.1. Homework – Rules and Objectives.Homework – Rules and Objectives.

2.2. Picking the Right Car – New vs. Used. Insurance.Picking the Right Car – New vs. Used. Insurance.

3.3. Budget checklist.Budget checklist.

4.4. Cash – Auto loan –Lease?Cash – Auto loan –Lease?

5.5. Kicking tires.Kicking tires.

6.6. Total cost and Hidden expenses.Total cost and Hidden expenses.

7.7. Contracts.Contracts.

8.8. Registration.Registration.

9.9. Service.Service.

10.10. Warranties.Warranties.

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Do your homework FIRST !Do your homework FIRST !

Go online, library, and at the dealership. Go online, library, and at the dealership. www.NHTSA.govwww.NHTSA.gov, , www.edmunds.comwww.edmunds.com, , www.autobytel.comwww.autobytel.com, , www.kbb.comwww.kbb.com, , www.fueleconomy.govwww.fueleconomy.gov, , wwww.dealershipwebsite.comww.dealershipwebsite.com

Consumer Reports, Car & Driver Consumer Reports, Car & Driver magazines.magazines.

Collect product brochures.Collect product brochures.

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MAKE A COMITTMENT:MAKE A COMITTMENT:

Create a Rules & Objectives Create a Rules & Objectives Teen Driver CONTRACT.Teen Driver CONTRACT. SAVING for down payment.SAVING for down payment. GPAGPA CurfewCurfew LAWS and liabilities.LAWS and liabilities.

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BEFORE U TEST DRIVE: BEFORE U TEST DRIVE:

CALL the INSURANCE AGENT.CALL the INSURANCE AGENT.

Get prices on your 3 top picks.Get prices on your 3 top picks.

CALL competing insurance companies.CALL competing insurance companies.

Ask about GPA and student driver “forgiveness” programs.Ask about GPA and student driver “forgiveness” programs.

Make sure the insurance company has not increased the bill Make sure the insurance company has not increased the bill for a student driver while he/she is on a for a student driver while he/she is on a learning permit.learning permit.

Ask about the CAMERA or GPS monitoring devices.Ask about the CAMERA or GPS monitoring devices.

Nevada law states you must have full coverage insurance Nevada law states you must have full coverage insurance when you have a loan or lease on a vehicle.when you have a loan or lease on a vehicle.

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BUDGET CHECKLISTBUDGET CHECKLIST MONTHLY PAYMENT: ___________MONTHLY PAYMENT: ___________ Monthly GAS: __________Monthly GAS: __________ Monthly Insurance: ___________Monthly Insurance: ___________ Monthly Registration: _____________Monthly Registration: _____________ Service maintenance: _____________ Service maintenance: _____________ Total: _____________Total: _____________ DOWN PAYMENT: ___________ (rebate) DOWN PAYMENT: ___________ (rebate)

TRADE-IN Value: ___________TRADE-IN Value: ___________

Student Monthly income: 10.00/HR x 15 hrs. per wk = Student Monthly income: 10.00/HR x 15 hrs. per wk = $150.00/100.00 after taxes. X 4 wks. = $400.00 $150.00/100.00 after taxes. X 4 wks. = $400.00

CAN YOU AFFORD A CAR?CAN YOU AFFORD A CAR?

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TALK ABOUT CREDITTALK ABOUT CREDIT

Good, or Bad Credit… 90% can still get a car loan.Good, or Bad Credit… 90% can still get a car loan.

First Time Buyers… First Time Buyers… no bad credit of any kind.no bad credit of any kind.

Recent College Graduate… Recent College Graduate… holding a degree from a college/universityholding a degree from a college/university

or 2 yr. professional school can get a new car loan in their OWN NAME, without a co-or 2 yr. professional school can get a new car loan in their OWN NAME, without a co-signer..signer..

Down Payment matters!Down Payment matters!

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CREDIT APPLICATION

DO NOT GIVE YOUR CREDIT INFORMATION TO A DEALER BEFORE YOU HAVE NEGOTIATED YOUR PRICE.

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The HIGH price The HIGH price of cars…of cars… New:New:

What’s in the car: What’s in the car: MSRP=StickerMSRP=Sticker Consider the standard features and model Consider the standard features and model

package co$t between brands.package co$t between brands. Add up the dealer add-ons: Add up the dealer add-ons: Window tint, Window tint,

pinstripes, Video player, Chrome rimspinstripes, Video player, Chrome rims.. Factory warranty= calculate the value.Factory warranty= calculate the value. New vs. Used; What makes sense for you?New vs. Used; What makes sense for you?

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VS. VS. PREOWNEDPREOWNED

WHAT TO LOOK FOR …WHAT TO LOOK FOR … Mismatched paintMismatched paint MISMATCHED TIRESMISMATCHED TIRES Worn gas or brakes pedalsWorn gas or brakes pedals Uneven metal panelsUneven metal panels Worn battery cablesWorn battery cables Funny SmellsFunny Smells Unpainted bolts Unpainted bolts Paint overspray on inside of Paint overspray on inside of

hood.hood. Magnet test.Magnet test. Hollow sound in the dash Hollow sound in the dash

where airbag should be.where airbag should be.

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DEALERSHIP VISITS.DEALERSHIP VISITS.

LIMIT your Test Drives to 3 a day-your top LIMIT your Test Drives to 3 a day-your top three choices… ?three choices… ?

Make a test drive appointment, be sure the Make a test drive appointment, be sure the car is still there. car is still there.

Listen to the car.Listen to the car. Use the MYCARLADY checklist to compare. Use the MYCARLADY checklist to compare. Look the car over carefully before you leave.Look the car over carefully before you leave. SUVPSSUVPS: : SSAFETY, AFETY, UUTILITY, TILITY, VVALUE, ALUE,

PPERFORMANCE and ERFORMANCE and SSTYLE. ?TYLE. ?

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The Price is not the Price?The Price is not the Price?

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TRUE STORIES…TRUE STORIES…

K.R. writes: K.R. writes: F***** Toyota knowingly F***** Toyota knowingly submitted false information on my submitted false information on my credit application. An extremely high credit application. An extremely high pressure salesman, who pressure salesman, who misrepresented the vehicle along misrepresented the vehicle along with the terms of the vehicle with the terms of the vehicle contract claims no knowledge of contract claims no knowledge of wrongdoing. wrongdoing.

Gongs, Bells, Blue Genies… don’t let distractions cloud your judgment.

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BUYER BEWARE!BUYER BEWARE!

My salesman told me… My salesman told me… I ran a CarFAX report… I ran a CarFAX report… I thought it had a…I thought it had a… The NV Lemon Law will protect me! The NV Lemon Law will protect me! ESL… Don’t understand something? ESL… Don’t understand something? 3 Day Right of Rescission ? 3 Day Right of Rescission ?

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BUT we had a contract!BUT we had a contract!

SIMPLE INTEREST vs. SIMPLE INTEREST vs. COMPOUNDED INTEREST? COMPOUNDED INTEREST? Your consumer rights and the new DMV Your consumer rights and the new DMV

rules.rules. Financing disclosure and resigning rules.Financing disclosure and resigning rules. Elderly protection.Elderly protection. Ignorance is not a viable defense in a court Ignorance is not a viable defense in a court

of law.of law.

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MY PROMISE TO YOU.MY PROMISE TO YOU.MY PROMISE TO YOU.MY PROMISE TO YOU.

Before you buy your next carBefore you buy your next car call me: 702-521-7546call me: 702-521-7546

I will make sure you are getting the best deal.I will make sure you are getting the best deal.Without the HIGH PRESSURE.Without the HIGH PRESSURE.

New or Used, any make, any model, New or Used, any make, any model, any credit. any credit.

Privacy and confidentiality guaranteed.Privacy and confidentiality guaranteed.There is a better way to buy your next car.There is a better way to buy your next car.

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Sarah Lee MarksSarah Lee Marks

20 yr. veteran of the Automobile industry.20 yr. veteran of the Automobile industry. Author, Television and Radio talk show host; CAR Author, Television and Radio talk show host; CAR

CHAT.CHAT. Certified & Licensed Automotive Sales Executive.Certified & Licensed Automotive Sales Executive. 11stst woman honored for Sales Excellence by Lexus woman honored for Sales Excellence by Lexus

1991.1991.

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For a copy of my E-book:For a copy of my E-book:““TEEN DRIVERS, Parents BEWARE !”TEEN DRIVERS, Parents BEWARE !”

The comprehensive guide to help parents and teens create a harmonious driving, The comprehensive guide to help parents and teens create a harmonious driving, and buying experience.and buying experience.

Order hereOrder here: $ 10.00 PAYPAL: $ 10.00 PAYPAL

Featuring:Featuring:Teen driver contractTeen driver contractCar shopping checklistsCar shopping checklistsShopping for Driving School checklist Shopping for Driving School checklist Safest Used cars for under $10,000.00Safest Used cars for under $10,000.00Credit Report RepairCredit Report RepairGuaranteed, NO HASSLE car buyers agents.Guaranteed, NO HASSLE car buyers agents.Secrets to finding Discount Insurance rates for teen drivers.Secrets to finding Discount Insurance rates for teen drivers.Discount coupons for GPS and Camera devices for your vehicle.Discount coupons for GPS and Camera devices for your vehicle.

2020

ANY MAKE, ANY MODEL, ANY TIME

Call MY CARLADY: 702-521-7546

www.mycarlady.com