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.