Have you had terrible experiences when buying a new or used vehicle? It’s because the people selling them to you want to put as much money as they can in their pockets. Don’t treat a salesperson like a friend. Keep reading for some helpful tips.
Never go with the set price of a car when you’re car shopping. Usually people price things knowing that they’ll have to lower it when the buyer gets there. If you are paying with cash, it doesn’t hurt to tell them that either. People that see a lot of money are more likely to let it go for less.
Never leave your car with the dealership overnight. Many dealerships will offer you the opportunity to take the car that you are considering home in order to test drive it longer. While this is certainly appealing, it essentially means they are given the opportunity to hold the car you own hostage. This makes it more difficult to walk away from a bad deal, and it is not to your advantage.
Get your financing set up before you visit a dealership. Start with your local bank for options. These institutions offer lower interest rates than what you might get if you financed a vehicle through the dealer. It also gives you a better idea of your budget. Continue reading