Some Car
Buying Tips
The best car buying tip
you can take advantage of is... if you
take nothing else with you into your next car shopping and buying
trip, take knowledge.
Today, with all the information that is
available to you (particularly online) you should have no excuse to
be uninformed.
To not know what to expect, the basic terminology,
and generally what is going on around you, will cost you big money.
If you feel as though you are being mistreated, or just don't like
the way you are being treated, then go somewhere else.
Know that
developing a comfortable yet businesslike relationship with your
salesperson is beneficial in the long run. Any salesperson worth
their salt knows the same. And that developing a strong solid
customer base is the key to success in the business for the
salesperson. No salesperson can survive in the business relying on fresh sales
everyday. Getting fresh sales everyday if far too inconsistent and
they are much more difficult to close. Good sales people will follow
up and work to nurture and earn your business.
Ultimately is is your money and your buying decision. No deal goes
through without you. It is the car dealers that have to compete for
your business not vise versa. Use this as a position of strength as
you work on buying your next car. Be pleasant and businesslike.
Don't be ridiculous with your numbers. This will get you no where.
Negotiate a good deal. The dealer will make a profit even on a good deal. Any business does. Be patient and have some fun shopping.
Here's a quick list of essential car buying tips :
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-
Do your
research and narrow your choices
-
Pick out a
car you know you can afford
-
Check on
your impending insurance rates
-
Take your
time - don't try to do it all in one day
-
Shop around
- even the no haggle dealers
-
Don't let
the salesperson pick your car
-
Do a
thorough test drive
-
Stay
objective - keep emotions out of it
-
Check for
rebates
-
Know the
dealer's cost
-
Know the
best time to buy
-
Know the
automobile economic conditions
-
Negotiate
from you offer up - not the sticker price down
-
Keep the 3
areas of the deal separate (new car price - trade in -
financing)
-
Be prepared
to negotiate all 3 separately
-
Stay on the
selling price of the new car first
-
Never
negotiate from a monthly payment standpoint
-
Know what
your monthly payments will be ahead of time
-
Don't pay
for dealer add-ons or administrative fees
-
Know the
interest rate you qualify for
-
Know what's
on your credit report
-
Know what
interest rate a lease money factor equates to
-
Read
everything before you sign
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