Buying a car can be an adventure, but it’s not always one we look forward to taking. Clarifi, the region’s largest financial wellness nonprofit, will be holding a free workshop to help consumers go in with a plan of action when buying or leasing a car.
Buying a Car: What You Need to Know will be held on Thursday, June 15th, from 5:30pm – 7:00pm at Clarifi’s main office in Center City and will help participants:
- Understand what is and isn’t usually negotiable during the car-buying process
- Weigh leasing vs. buying a car
- Avoid common car-buying scams
- Learn about shopping for loans and protecting their credit
“When it comes to buying a car, it’s very important to go in with a plan and know your options to avoid being taken advantage of,” says Soneyet Muhammad, director of education for Clarifi, who will be leading the workshop. “A lot of people focus just on the price when it comes to car-buying, but other things like add-ons and loans also need to be considered.”
Clarifi offers these tips as a preview of topics that will be discussed during the workshop:
Limit your add-ons. Before you even enter a car dealership, make sure you know which add-ons you actually need to avoid being pressures by the salesperson. Saying ‘no’ to some add-ons can save you hundreds or thousands of dollars. You may even be able to handle some add-ons, like fabric protection, yourself by picking up a spray from the hardware store.
Dump the pickup trucks. Some people love their trucks, but they can come at a steep price. After monthly payments insurance and gas, the cost of owning a truck can top $1,000. The cost of any vehicle can be expensive, so you want to make sure it’s within your budget.
Make sure your credit is ready. It’s no secret that having good credit can make it easier and less expensive to get a car. Before you buy or lease, check your credit and make sure it’s accurate. Clarifi also offers appointments with counselors to help you identify ways to improve your credit and contact your creditors.
Thursday, June 15, 5:30pm – 7:00pm
Clarifi, 1608 Walnut Street, 10th Floor
Philadelphia, PA 19103
How to Sign Up
Interested participants can register for Clarifi’s free workshop by visiting clarifi.org/events or calling 215-563-5665. Due to limited seating, registration is required.