Consumer

Vehicle Repossession | FTC Consumer Information

Chances are you rely on your vehicle to get you where you need to go — and when you need to go — whether it’s to work, school, the grocery store, or the soccer field. But if you’re late with your car payments, or in some states, if you don’t have adequate auto insurance, your vehicle could be taken away from you.

When you finance or lease a vehicle, your creditor or lessor has important rights that end once you’ve paid off your loan or lease obligation. These rights are established by the contract you signed and the law of your state. For example, if you don’t make timely payments on the vehicle, your creditor may have the right to “repossess” — ­or take back your car without going to court or warning you in advance. Your creditor also may be able to sell your contract to a third party,

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The 2019 Consumer Car Lease Guide

car leasing guideAuto leasing has become very popular in the last few years as consumers are challenged to find affordable automobile financing alternatives in the current economy. Car leasing has grown to record levels never before seen.

Many people who could benefit from leasing a car have misconceptions, don’t know how it works, or how to determine if it’s right for them. Some people now leasing are paying too much because they didn’t know a good lease deal from a bad one.

Buy Lease KitLeaseGuide.com helps you understand auto leasing, how to lease a car the smart way, who should lease (and who should not), how to find monthly lease payments, calculate lease vs buy, and how to get the best lease deals.

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Renting a Car | FTC Consumer Information

Need to rent a car for your vacation or business travels? Comparing prices online can save you a bundle. But make sure you compare the total cost — not just the advertised rate — because fees and options can increase the base price dramatically.

Keep these things in mind as you start your search for a rental car.

Size Matters

The size of the rental car can impact the price you pay. Terms like “compact,” “mid-size,” and “luxury” can vary across rental car companies. To illustrate car sizes, companies usually provide car models or suggest how many passengers the car seats safely.

Shop and Compare

Search across several websites for the type of car you’re interested in renting. To get an idea of the best price you can get, search for rates at individual rental car company websites and price comparison websites.

Money-Saving Deals or Specials

If your travel plans

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Auto Repair Basics | FTC Consumer Information

The best way to avoid auto repair rip-offs is to be prepared. Knowing how your vehicle works and how to identify common car problems is a good beginning. It’s also important to know how to choose a good mechanic, the kinds of questions to ask, and your consumer rights. This kind of information may help you keep a lid on mechanical mistakes.

Repair Information

How to Choose a Repair Shop

What should I look for when choosing a repair shop?

  • Ask for recommendations from friends, family, and other people you trust. Look for a repair shop before you need one to avoid being rushed into a last-minute decision.
  • Shop around by phone and online for the best deal, and compare warranty policies on repairs.
  • Ask to see current licenses if state or local law requires repair shops to be licensed or registered. Also, your state Attorney General’s office or local
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Buying a Used Car | FTC Consumer Information

Before you start shopping for a used car, do some homework. It may save you serious money. Consider your driving habits, what the car will be used for, and your budget. Research models, options, costs, repair records, safety tests, and mileage — online and through libraries and bookstores.

Before You Buy a Used Car

Whether you buy a used car from a dealer or an individual:

  • Test drive the car under varied road conditions — on hills, highways, and in stop-and-go traffic.
  • Ask for the car’s maintenance record from the owner, dealer, or repair shop.
  • Determine the value of the vehicle before you negotiate the purchase. Check the National Automobile Dealers Association’s (NADA) Guides, Edmunds, Kelley Blue Book, and Consumer Reports. Some of these organizations charge for this information.
  • Research the upkeep costs for models you’re interested in, including the frequency of repairs and maintenance costs.
  • Examine the car using
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