Everyone loves a new car, but almost no one enjoys shopping for one. A little information and research can go a long way in purchasing the right car. Begin by going over the advice in this piece, and you can then shop with confidence.
Arranging financing prior to actually shopping for a vehicle is a great idea. Go to your bank or to your credit union. This will often provide you with a lower interest rate, and when you get to the dealership, you will know the amount you can afford to spend.
Research dealerships before making an offer. Your negotiation can be maximized by being aware of the dealer’s financing options and trade-in practices. In addition, being aware of the dealer’s customer reviews can prevent the dealer from ripping you off.
When car shopping, plan to be in the dealership for awhile. You should not purchase a vehicle if you feel rushed and do not have time to think about your decision. If you can, use the entire afternoon. If you are really short on time, do not be afraid to leave and come back another day.
Make sure your budget is determined prior to visiting a dealership. If you are shopping for a car, never exceed your budget. The dealer is not the one who will be paying for the car for 6 years, you are.
Take the car you want for a spin. Even if you’ve already test driven this exact brand and model, you must know if it drives well. This is the best way to find out about mechanical problems and get an idea of how the car handles.
Do not bring your fancy car to the dealership. 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.
You don’t have to buy from a dealer. In fact, you may be able to buy a car from a used lot or private seller. You should use your newspaper or sales pad to find a car from a private owner.
Plan to do your car shopping at the month’s end. Most car dealers have quotas for their salespeople that they are trying to meet at this time. When the month is nearly over, you can get a better deal, since your salesman may be trying to meet his quota.
Buying a vehicle can definitely be a very scary experience. The truth is, if you prepare before setting out onto car lots, you can have an enjoyable experience. Apply the tips you’ve just been given, and enjoy driving your next car.
Tags: #car shopping