Your past car buying experiences may have left you with a sour taste in your mouth, but that doesn’t have to be the case. You need to learn how to properly negotiate. You can get exactly what you want.
When you shop for a car, you need to figure out what you’re looking for first. For example, you will need to know your budget. How many passengers will be in the car? How important is gas mileage? How many doors do you need for your car? Make a list of everything you want, and take it with you so nothing is forgotten.
Always negotiate down the sticker price. If you don’t do this, then you are literally throwing money out the window. There is no reason to pay that much. Those prices are inflated on purpose to leave room to negotiate with the customer, so take advantage of that.
Arrange the financing for your automobile before you car shop. Start with your local bank for options. This can often result in better interest rates. This can allow you to visit a dealership with the knowledge of knowing the amount of money you can afford on a vehicle.
When you are shopping for cars, you should take a friend with you. This person has the ability to act as the perfect sounding board, and they can help you leave a deal that is not great for you. This can be any relative, a co-worker or a friend.
If you don’t think that you can stay away from the pressure during any sales pitches, you shouldn’t go shopping alone for a vehicle. Take someone you trust to help facilitate negotiations and ask key questions. Tell your companion your priorities and budget goals in advance of your trip.
If you’re driving a nice car already, don’t bring it to the dealership when you’re looking for another. Once salespeople see your expensive vehicle, they will not accept any of your offers and try raising prices because they will assume you can afford to spend more on a vehicle.
Never discuss down payments, incentives, or trade-ins until you’ve established an actual price on your desired car. These should come off the base price. You will get a better price by negotiating the deal first, and then discussing these “extras”.
Don’t give your SSN out too early. Many dealers will attempt to get this from you right away in order to run a credit check. Many credit report checks can be a red flag to financiers. You should work out a deal before you give out personal info.
Ask the dealer to allow a mechanic to inspect the car. The mechanic you’re cool with should be fairly trustworthy. Avoid using the dealer’s mechanic. The mechanic will be there to tell you if the car can be on the road and if the price is right.
Do you feel better about the car buying process? Hopefully you do and the advice provided here helps you when you’re out browsing vehicles. You do not have to be scared to buy a car now. You are prepared to assume control of the situation and get the car you need.
Tags: #car buying