Abc News Car Buying Tips May 2026

: For used cars at a dealership that aren't already certified, you may be able to negotiate for the dealer to certify the vehicle in exchange for a slightly higher price, which often includes a stronger warranty. Timing and Inventory

: Be wary of 72-month or 84-month loans. While they lower monthly bills, they increase total interest paid and keep you "underwater" (owing more than the car is worth) for much longer.

: With trade-in values remaining strong in 2026, get multiple appraisals online and from local dealers to ensure you capture your car's full value as a negotiating tool. Used Car Shopping Tips abc news car buying tips

: Former dealership professionals suggest negotiating over the phone to keep the decision analytical. It is much easier to hang up when a dealer "plays games" than it is to walk away when sitting in front of someone.

: Experts recommend putting 20% down , limiting the loan term to 4 years , and keeping total vehicle expenses under 10% of your monthly income . : For used cars at a dealership that

ABC News offers a variety of car-buying tips focusing on negotiation strategies, budgeting, and inspection to help shoppers avoid common pitfalls like overpaying or taking on unmanageable debt.

: Avoid the "monthly payment" trap. Dealers often use monthly budgets to hide the true cost of the vehicle, interest rates, or expensive add-ons like extended warranties. : With trade-in values remaining strong in 2026,

: This is a buyer's most powerful tool. Dealers want your money and often hate the idea of a competitor getting the sale.