Some people don’t know when to trust a dealership or when they are being duped. It’s not easy to tell, and the salesmen don’t just out themselves. You have to know what you’re doing, and you need to be prepared. Consider the helpful tips you’re about to read in order to get you better prepared for next time.
Rather than buying a brand-new car, purchase a lightly used one that is only a couple of years old. Many cars come with transferable warranties that last for three years or 36,000 miles. You will save a significant amount over buying new, and the warranty will give you peace of mind for the first year or so.
When negotiating, concentrate on the final price rather than the monthly payments. Dealers can alter monthly payments to fit your budget, but that doesn’t mean the car is costing you any less. Rather, concentrate on getting the lowest overall cost for the car. Then, you can negotiate the terms.
Do not wait until you go car shopping to think about how you are going to finance your car. You need to arrive at the dealership with your car loan pre-qualified at a decent interest rate. You are almost always going to be able to get a better deal than the dealership would provide for you.
Watch out for the car salesman who offers you a price on a car before he visits his sales manager. The salesman will tell you anything you want to hear, but only the manager can approve the deal. Ask to speak to the manager face to face and see the deal on paper before committing to purchase the car.
If you aren’t concerned about getting the absolutely latest model, consider car shopping in November or December. During this time frame, dealerships will offer deals on the current models. They want to clear out their inventory to make way for shipments of the next year’s models. This means that you will be offered more incentives, lower sticker prices, and more room to negotiate!
The prospect of buying a new car can be simultaneously exciting and daunting. You can take some of the stress out of the process by doing much of your shopping from your home computer. You should use the Internet to compare makes and models, look up blue book values and read reviews of different dealerships in your area. This can save you money and time by narrowing down choices.
One of the most important things to consider before making a car purchase is which car or style you want. By deciding this before entering a dealership, you will be able to avoid high-pressure sales. It also helps you to consolidate your searching and really inform yourself about one specific make and model.
It’s a wonderful thing to know what you’re doing when you go to buy a car at a dealership. Now that you know more of what to look for and do, you will be much better prepared the next time around. Put everything you’ve learned together, and make sure you are one step ahead next time.