How To Pay Less For A New Car
If a dealer does not want to allow this, look elsewhere. An adequate mechanic can make an impartial opinion on any problems in the vehicle like signs of flood water submersion or car wreckage.
Prior to purchasing a used car, ask an independent mechanic to have a look. If they refuse, go elsewhere. A mechanic can offer an impartial opinion about the vehicle. He can determine whether the car has hidden damage from previous accidents or being submersed.
Look online, and then head to the dealership. You should only go to a dealership when you know what model and manufacturer you are interested in. Always look online for the best deal on a used or new car.
Always negotiate the price of a vehicle. Sticker price is an over-inflated amount they don't think anyone will pay. If you can't negotiate, bring in a skilled friend. Know the amount you can reasonably spend, as well as the fair market value, prior to heading to the dealership.
Do not pay sticker price for a vehicle. What the dealers list on the sticker is not what they actually think they will get. If negotiation is not something that you personally excel at, bring along someone that does. Before you set foot on the lot, research the vehicle to determine what constitutes a fair price.
Go car shopping at the close of the month. Most salesmen have a certain quota they would like to reach for each month. At month's end, the salesperson may still need to meet his quota, and he will be more conducive in giving you a better deal just to make a sale.
Make sure you test-drive any car before purchasing. Even if you have previously test driven the same make and model, you need to make sure that this car drives well. You may find something slightly off, or even a hidden defect.
If you're looking for a brand new car, talk to your bank about your loan options prior to going shopping. This is simply for your own peace of mind. In many cases, the dealership can secure an acceptable interest rate than you might find at your bank. Still, it helps to have a clear picture of what you can expect to pay.
Social security numbers should never be given out unless it is absolutely necessary. Some dealerships want this information so they can ruin your credit. If you don't want to buy there, having multiple dealers do a credit check can harm your chance to get the best deal. Do not provide the dealer with your identification information until after you have agreed on terms.
When shopping for a car, don't let your dream car get away. You won't have this happen with the above tips in mind. Now you just need to go down to the dealership and do it.
