Shopping for a new car is an activity that almost everyone has to do at some point. Though it’s a fun thing to do, spending money isn’t something that should be taken lightly. This is why it’s important to do research. This article has tips to make it a little more enjoyable.
Always bring a mechanic along when shopping for a new vehicle. Car dealers are notorious for selling lemons and you do not want to be their next victim. If you can not get a mechanic to look at cars with you, at least be sure that you have him look at your final choice before you buy it.
Figure out the financing options before you even look at a car. Talk to either a bank or a credit union about it. They often have better interest rates and you can walk into a lot knowing you can pay for the car you want.
Be aggressive and assertive. You will inevitably end up negotiating the price of your vehicle, so don’t be afraid to push a little. Be prepared to walk away from the dealership if you aren’t making progress. Leave the offer alone for a day or two, and then contact the salesman again. If they know that you are willing to walk away, they will be more likely to accept your offer or to counter-offer with a more reasonable price.
If you’re driving a nice car already, don’t bring it to the dealership when you’re looking for another. This is especially important if you plan to trade in the vehicle. A salesperson may use this as grounds for rejecting any less-than-generous offer.
Research is the key to being a happy car owner. With a budget in mind and a list of cars you want, you can begin to delve into which vehicle is right for you. You should be aware of any negative reports on the vehicles you have in mind. Know its safety ratings and value to help you negotiate a good price.
When negotiating a deal on your new car, have online information in hand. There are many sites that will provide you with things like invoice pricing and incentives, and this information can prove valuable as you negotiate your price. Print it out and bring it to the car dealership, so there is no question about the accuracy of what you are saying.
Most salespeople are expected to meet monthly quotas. They have to sell X number of cars monthly, and knowing this puts you in the proverbial driver’s seat. People selling cares that haven’t met their quotas are really eager to get you to purchase a car. It will be easier to negotiate toward the end of the month.
Here is an idea, do all your car shopping even Did you know you can actually find and purchase a car online? Most dealerships have websites where you can shop from the comfort of your computer. You do not have to deal with pushy salesmen, the weather, or even putting on decent clothes.
Never settle for the price that’s set for the car when you’re shopping for one. You must be a great negotiator and try to knock a little off the price. Every car dealership knows that they’re going to have to negotiate anyway, so they make the car seem like it costs more than they’d settle for.
Keep the trade in you’re doing to yourself. First get a price on the new car before negotiating the trade-in. Discussing a trade-in too early works against you, as the dealer may offer you a worse deal on the new vehicle in view of the condition of the trade-in.
Offer to purchase a car on the spot if the dealer will meet your price requirements. Offer a price that is reasonable, usually at or slightly above invoice. Come armed with information about how you came to this price, and ask for a commitment in writing that they agree to it.
You should never even consider purchasing a car before you test drive it. In fact, before giving a test drive and general overview of the car, you need to assume it is horrible. The car needs to prove itself to you, so don’t fall in love with a specific car and then try to justify its value.
Ask the salesperson tough, detailed questions about the car. Make a list before you go based on internet research so that you know the answers. If they get any wrong, you know you’re dealing with an inexperienced, knowledge lacking sales force, which shows a low-quality dealership is in place.
Purchasing a vehicle is a positive thing, but it can actually bring about many negative factors as well. With a little research ahead of time in a proactive role, you can make the experience much better. With any luck, everything you’ve read here has made you more confident and courageous for the task at hand.