Love buying a new car?
Love buying a new car?
Love buying a new car?
Buying a new car should be fun and exciting not stressful and frustrating. Next to purchasing a home…buying a new car is the second most expensive thing most people will purchase in their lifetime. The average person buys a car about every three years and believes they’re experts at negotiating. Car dealers are professional players, how can you expect to win a game if you don’t know the rules?
New car dealerships are always in fierce competition with each other and they will do just about anything to keep you from buying a vehicle from the “other guy.” Knowing this and using competition to your advantage, will guarantee you get a new vehicle and a great deal.
Getting the lowest price is only one aspect of making sure you receive a good deal. There are several areas during the new car buying process where a dealer can take advantage of you.
To make sure you receive a good deal on your next car. Follow the below steps to maximize your savings and guarantee you get a great deal when buying your next new vehicle.
5 basic steps to buying a new car.
You can complete the above steps from the privacy of your own computer. Once completed, they will provide you with the information you need to level the playing field and protect you from paying too much for your next new vehicle. The only thing left for you to do is test drive the vehicle and sign the paperwork.
Timing is everything.
If you catch a dealer at the right time, he may sell you a vehicle well below cost.
If you happen to inquire about the right vehicle at the right time you may be on the receiving end of a once-in-a-lifetime deal…you just never know.
The way dealerships sell cars hasn’t changed much over the past decade. However, the way people buy cars has. A few short years ago if you wanted to buy a new car. You’d have to waste all day visiting one dealership after the next, spending endless hours looking at vehicles and haggling with salespeople in the hopes of receiving a good deal.
“The Internet Has Changed The Way People Buy New Cars”
Other than visually inspecting and test driving the vehicle, you can do 95% of your new car shopping online from the comfort of your personal computer. More and more people are using the internet and its vast wealth of information to research and compare new vehicles before visiting a dealership. Savvy car buyers understand they can do their pre-shopping online, avoid the dealership, and not have to deal with the frustration and aggravation of haggling with salespeople and their managers.
Anything that can be done on your home computer can also be done on your smartphone or mobile device. You can research and compare vehicles or even get new car price quotes sent to you on your Smartphone, tablet or iPad. Anywhere you have an internet connection, you can do your new car research online.
What car dealers don’t want you to know is that new cars are commodities. They all must pay the same price for a new vehicle from the manufacturer. It’s ultimately up to the individual dealer on how much they’re willing to discount the price of the car.
A dealer in Seattle will pay the same price as a dealer in Miami. If you live in an area where there are nine dealerships selling the same brand of vehicle, you’ll want to get more than just one or two prices from a couple dealers. You will want to inquire with each dealer to find out which one will be the most flexible with discounting the vehicle.
Car dealers know smart car buyers shop online, they also understand if they’re going to compete with other dealers in the area, they must be aggressive when pricing their vehicles online.
Where are more tips for this topic?
Recommended Online Sites that can Help
Receiving the lowest price is not your only goal when buying a new car. There are several areas a dealer can attempt to make an excessive profit from you when selling you a car.
A dealer can secretly manipulate one or more of these areas during the negotiating process. For example, if you focus on one area such as the “list price” of the car. The dealer may lower it and increase his profit in a different area such as “undervaluing your trade” or “adding points” to your interest rate. Dealers are experts at this game and have fine tuned their skills with decades of experience.
As you move on to other areas, the dealer will play “cat and mouse” with you until you get tired and make a costly mistake. This is why dealers and their salespeople drag out the car buying process in the hopes of wearing you down.
Read more on how to negotiate a new car’s price here.
RydeShopper, Cars Direct and Motor Trend are the quickest way to compare new car prices in your local area. These online sites will provide you with free, no-obligation price quotes and the discounts you receive will give you confidence on your next new car purchase. Walk away from the dealership knowing you received a good deal, not hoping you did.
