Cars, Vans, Trucks, Quad bikes: Buying, hiring or leasing a car - "How To Buy A New Car"Saturday, 4 July, 2009 |
|
Home |
 |  |  |  |  |
Car buying is not a task to be taken lightly. The cost of a new car equals almost what my parents paid for their first home. It's imperative to do behind the scenes research to ensure you get a great deal.
Do not be in a hurry. Car dealers can detect the scent of desperation a mile away! If you are totally without transportation, rent a vehicle until you find the right car. If you rush your purchase, you will usually end up on the bad end of the deal.
You can uncover the typical retail cost of a specific make and model right on the internet. With a little extra research, you can discover the wholesale cost as well. These two pieces of information give you an edge when it comes to negotiation.
It's best to work toward a win-win situation with the car salesperson. They need to make some money on the deal, and you want to pay a fair price. You can often negotiate a price that is $500 above dealer cost, or about 20% off the sticker price. Make sure you take your calculator with you when car hunting.
You can often order a car with *custom* option choices. This could save you hundreds of dollars. You might wait a couple of weeks, but why pay for options that you do not need?
Always check with the dealership to see if you can return the car if you do not like it. Many dealerships now offer this option. Some dealerships will give you a three day trial period in which to try the car.
It is a good idea to wait until the end of the month to go car hunting. Salespersons who want to meet a certain quota will be eager to strike a deal.
Knowing the value of your old car makes it easier to negotiate a better price for it. Try not to talk about a trade-in possibility until you get a purchase price. Sometimes this is difficult, as most salespeople will ask upfront about a trade in.
I took my car to one lot, and was told the trade in value was $1,200. Another dealership said they would give me $3,500 for the same car! So do your research to make sure you receive a fair price on your used vehicle. Stick to your guns when it comes to getting the value of your trade-in, especially if you've had your car serviced regularly.
A service contract will likely be brought into the negotiation. Most consumer information shows no need to buy an extra contract on a new car, as it's not likely a problem will occur during the first months of use.
Whatever you do, always read the fine print of any contract before signing it. Ask questions about what certain phrases mean if and when you do not understand something.
Also, just because a car is brand new doesn't mean you should buy it without asking questions. New cars can land in the lemon category as well as used ones. Keep on your toes during the negotiation process. You will enjoy both getting a new car, AND creating a win-win situation for yourself and the dealer.
Online car loan shopping practically guarantees that you are getting the best rates. Your location is no longer a barrier to finding the best auto loan rate. However, you want to take advantage of the financing options available. While searching for an auto loan, research financing companies, negotiate terms, and increase your down payment to get low rates.
A sure fire way to find the best car loan rate is to study financing companies. Only by requesting quotes and comparing the fine print can you truly know you are getting the lowest rate.
Fortunately, online auto loan brokers offer convenient
Read this article in full
Sooner or later most people buy a new car. It doesn't matter if it's your third new car or your first, it almost always happens sometime.
There is an art to buying a new car and if you know it, you're better prepared when that day arrives.
Every car buyer knows that there are tricks to getting a car at a reasonable price. Dealerships and private sellers rarely mark the car at it's actual worth.
Instead, they mark the price up a little so that they make a
good profit for themselves. Another reason is that this lets
them give their salespeople better commissions, and this makes
them work harder to
Read this article in full
Rental cars can be a necessity; their use can save lots of time and aggravation. However, the actual act of renting them can seem to be a test in patience. There are forms to be filled out, questions to be answered and signatures to be signed. Before you sign on the dotted line, be sure you know exactly what you are getting and giving for your rental car.
If you have personal auto insurance, call your agent to see if you are insured with a rental car as well. This will allow you to save money by turning down the
Read this article in full
I have always purchased my cars used. And each time, I got a great deal. Don't think I counted on luck, though - no siree. There are a few "musts" for making sure you don't end up drinking "lemon"-ade.
Spending a little time now may save you serious money later. Check Consumer Reports on the safest cars out there. Looks are one thing, but don't ignore safety.
Go to a reputable car repair shop and ask if you can bring the
vehicle by for a look-over. While you're there, ask what cars
they have to repair most often. Take heed. Also, ask what the
inspection includes,
Read this article in full
People like to try things before they buy them; cars are no exception to this rule. Trying a car out before you buy it is even more important when you consider the amount of money spent on one and the time spent in one. A great many dealers will let prospective car buyers test drive a car over night, but is that really enough time to decide if you want to buy it? If not, you may want to consider your option to rent a car for a short period of time.
You will want to ask about any special
Read this article in full
