Helpful Car Buying Tips

Helpful Car Buying Tips



Purchasing a​ new vehicle is​ a​ stressful chore for many people. Ask the average person what they dread most and they will tell you that “price haggling” is​ the worst aspect of​ negotiating a​ price. Few people come away from the deal believing that they got a​ fair shake; a​ significant minority will admit that they got ripped off if​ you press the issue with them. Besides shopping at​ a​ “no haggle” dealer – Saturn, for example – how can you avoid an​ unpleasant experience? Better put, can you? Let’s take a​ look at​ some ways you can gain better control over the car buying experience so that you can save yourself some time, money, and a​ whole lot of​ aggravation.

Stay away from the hot sellers. Many Japanese brands are sold at​ full price and bargains are hard to​ come by. Still, if​ you do a​ little bit of​ research you should be able to​ shave several hundred dollars off of​ the sticker price or​ secure a​ very low loan rate should you choose to​ finance your vehicle. if​ your dealer doesn’t want to​ deal with you, go to​ another Toyota, Honda, Nissan, etc. dealer to​ find a​ better deal.

Buy a​ left over. On the other hand, not all cars are hot sellers and many models do not sell out when the model year ends. if​ there is​ a​ particular car that you want, you should be able to​ realize significant savings off of​ the sticker price. Don’t be “wowed” by an​ already reduced price touted by the dealership. Likely, they are getting a​ secret rebate from the manufacturer; learn what that rebate is​ and get as​ much of​ it​ as​ you can. Remember: you are already buying a​ car that is​ a​ year old. if​ it​ is​ a​ discontinued model or​ the latest version of​ that model is​ significantly changed, you have additional leverage.

Arrange your own financing. When purchasing a​ car, negotiate the lowest possible price before financing is​ discussed. if​ you come into the negotiation with your financing already covered, then you have additional leverage. if​ you are paying cash for the vehicle, demand an​ even greater discount.

Go in​ equipped. Consumer Reports will sell to​ you a​ print out of​ exactly how much a​ car should sell for. Purchase a​ report on the model you want to​ find out what the dealer likely paid for your car. The price you pay should be much closer to​ that amount than to​ the sticker price.

Buy through a​ car club. Car clubs, including those through warehouse clubs such as​ BJ’s, can be an​ alternative way to​ buying a​ car at​ a​ discounted rate without paying full price. Each club has their own way operating, but in​ all cases you should be able to​ pay less and leave the haggling out of​ the equation.

If you are the type of​ person who enjoys haggling, then your experience is​ not likely to​ be as​ bad. You know how to​ play the game and winning for you is​ simply securing the lowest possible price. For everyone else, a​ little outside help can save you money. Do not let your emotions tell you, “I must have this car,” or​ you are likely to​ pay much more than you should. Remember: dealer sob stories are just that; if​ they can’t figure out a​ way to​ make money off of​ a​ sale, then they shouldn’t be in​ business.




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