Car Buying Mistakes You Should Avoid! (Balloon, Credit profile, Budget etc)

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Car buying comes with a lot of paperwork and unfamiliar terminology. If you are not careful or perhaps don't know exactly what you are doing, you might end signing your life away with a raw deal.

Mistakes to avoid

1. Not building a good credit profile before applying for a car loan.
2. Cheapest cars are not always the best cars to buy.
3. Avoid balloon/residual payment if you don't have a plan to cater for it.
4. Don't be too flexible, know your budget.

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