In life, getting what you want starts with some knowledge. You have to absorb what the experts provide you on the topic. Car shopping requires the same research, and this article has all the tips and tricks you need to make shopping for a car a walk in the park.
What can you afford? You have to understand exactly how much money you have every month to not only pay for the car lease, but also insurance, licensing costs, gas, and repairs. Everything must be covered every single month or else you’ll have to reduce the amount you have to spend on the car itself.
Search for your car on the Internet before visiting a dealership. Don’t visit a dealership until you have a good idea of what you want in a vehicle, such as size, brand, and pricing. You need to do some research on the Internet so you can figure out what works for you. You can also figure out what cars offer safety along with things a dealership may not tell you.
Don’t ever pay the full price for your car. What the dealers list on the sticker is not what they actually think they will get. Bring a friend that is a good negotiator if that is not your strong point. Make sure you research the car you are interested in first, however, so you have some idea of what to offer.
When you look for a car, check out the ones that offer you a lot of good features in the safety category. You cannot do without anti-lock brakes, also referred to as ABS. Air bags should also be present; the more of them there are, the better off you are. It is vital that your car is safe.
If you own a fairly expensive car, avoid driving that car to the dealership when you are car shopping. 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.
Before going car shopping, clean all personal items out of your car. Doing this one thing will save you considerable time at the dealership. This will also ensure that you do not leave behind important documents such as insurance papers. Nothing is worse than getting home and realizing the you left something in the car you just traded in.
Do not reveal that you have a trade-in right off the bat. First get a price on the new car before negotiating the trade-in. The value of the trade
-in will almost certainly be added into your purchase price if they know you have one before you start negotiating.
Talk to your friends and neighbors before buying your car. Ask what their experience was like with various dealerships, and visit only the dealerships that you are hearing positive things about. This can save you a lot of hassle while you are shopping and make your car buying experience that much more pleasant.
The car industry makes money on any margin of profit. If you can find out how much the dealership is generally buying their cars for, it will make it much easier to find their bottom line. This means you need to do some research on your local car market.
Don’t tie yourself into one make or model, but also avoid opening yourself to every single car. You should go into a dealership with a goal-orientated flexibility. This means that you need to research two or three cars beforehand and then be willing to switch between these based on the best negotiation.
While the dealership that you buy your vehicle through will offer financing, check into your options. Get a loan quote from your bank or a credit union. Oftentimes, they will offer better rates than the dealership. This will allow you to bring those quote to the dealership’s financial officer and negotiate a lower rate.
A certified used vehicle does not guarantee that the vehicle is in good condition. This is just a new way for car dealers to trick people into thinking that they are guaranteed a high quality used vehicle. Do not fall for it. Research certified vehicles just as you would any other to fully protect yourself.
Do not fall for the sales pitch that the deal will not be available if you wait until the next day. More times than not, you will be able to walk back into the dealership and get the same price, if not a better one the next day. If you feel that the salesman is pressuring you, walk out the door and come back the next day.
Do not allow a dealer to pressure you into making an immediate purchase. The truth is that there may be a similar car in another car lot that is has a better price. Let the dealer know you are interested, but make it clear that you want to consider other dealers before making a final purchase.
If you have flexibility, try to wait for a promotion with low interest. If you are really patient, you may even be able to find zero interest periods. This will make the total price you pay for your car be significantly less than you planed to pay. Keep an eye out for local dealerships running this.
With this knowledge in your mind and this article in your hand, you’ll be prepared for anything the salesperson throws at you. You will know what you want and how to get it, and that gives you the power. The next step is to find the lot you want to visit and take it over with your confidence.