Alert
Close

Help Disrupt Aging. Join White House Live Stream Today at 8:30 a.m. ET. Learn more

Highlights

Open
Renew for 3 and attend Life at 50+ for free

Contests and
Sweeps

You Could Choose Your Dream Vacation!

Hawaii, the Grand Canyon or an Alaskan Cruise! No purchase necessary. Ends May 31. See official rules.


Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

You Could Choose Your Dream Vacation
Happy African American couple

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

Jobs You Might Like

most popular
articles

Viewed

The Road to Big Savings

Save Money on Your Next Car

Remember these tips next time you're buying a new or used vehicle—you'll save cold, hard cash.

a car

— Chris Lyons


Buy a "dark horse"

When shopping for a new or used car, buyers often gravitate to the most popular makes and models. But you can save thousands of dollars by choosing a "dark horse." That’s the moniker the auto website Edmunds.com gives to less popular models. If you’re considering a Honda Accord, for example, check out the similarly equipped Suzuki Kizashi for about 10 percent less. The concept will save you even more with used cars, says Karl Brauer, senior analyst at Edmunds.com.

Seek out secret warranties

Car repairs can make a huge dent in your bank account. But sometimes you can qualify for a free fix known as a secret warranty. This is when a manufacturer knows about a car defect and quietly has dealers do free repairs—when a customer complains. Search the Internet for your model and year, plus the defect, or look for "technical service bulletins" on websites such as autosafety.org or CarComplaints.com.

Make dealers compete

Want an easy way to save $5,000 in 10 minutes? Once you’ve decided on a model, get multiple dealer quotes and start a bidding war. Fax a request to five or six dealers asking, "What’s your best price on this?"

Steer toward shorter loans

Dealers may push you toward a four- or five-year loan that lowers your monthly payment—and earns them more interest. Resist the temptation. "If you can’t pay cash," says Leamy, "limit your loan to two years, even if that means you have to buy a less expensive car."

Don't just take our experts' words for it—we want to hear how you're cutting costs. E-mail us your best money-saving advice!

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Advertisement

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Credit safeguards with AARP® Identity Theft Protection from TrustedID®.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

Man using cell phone outdoors

Members save on monthly service & usage fees and get free activation with Consumer Cellular.

Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.

Advertisement

Advance your skills. Transform your career.

Explore your learning possibilities.