Car shopping can feel like a Herculean effort. Lots of people don’t possess much knowledge on cars; however, and others know too much so they feel like they aren’t getting their money’s worth.
Never let salespeople talk you into a model that is beyond your price range. Many people get hoodwinked into buying a sports cars because the person looks good in it. Remember that salespeople are motivated by the salesman wants his commission!
Test the merchandise before you purchase.
Call your bank to see if you can get the financing ahead of your purchase. This is important for your own security. Though dealership finance departments may be able to secure a lower rate for your car loan, it’s still wise to know what the interest rates will be prior to shopping.
Don’t feel that you have to only buy from a car dealership. You can go to smaller lots or buy from private owners. Check online or in your area for great deals on local cars.
Salespeople have monthly quotas to reach. Use this against them by going to a car dealership at the end of the month. Salesmen who are missing a few sales will be more willing to negotiate. This can help give you a bit more leverage in your negotiating.
Bring a friend along during the car-buying process — preferably someone who can give you sound advice on your purchase. This friend can assist you from making mistakes like allowing your emotions to get involved. Ask them ahead of time to keep their eyes and ears open for any possible problems or disadvantages that they identify during a test drive.
Do not reveal that you have a trade-in vehicle right off the bat. Wait to discuss your trade-in vehicle until after you have negotiated the new car.
Never agree to an as-is warranty if you purchase a used car. This is a decision that you hundreds or even thousands of dollars. You should get at least a 60 day warranty with your purchase.
A great deal on a car that looks affordable in itself might not be so great when you find out your new premiums. Select a model you can afford both to buy and insurance costs.
Hopefully, you feel more confident about getting the car that you want. Minimize the effort by using these tips to find and purchase a new car or truck. Make a great purchase, and enjoy your new car!