Cars, Vans, Trucks, Quad bikes: Buying, hiring or leasing a car - "How To Buy A New Car"Saturday, 4 July, 2009 |
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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.
So you are looking for a car or truck, but you're tired of running around town and finding other people selling their "headaches" through the local classifieds, or dealers offering "cream-puffs" for inflated retail prices. All you want is a good vehicle for a good price. Period. Does such a deal exist? Yes, indeed! Repossession auctions are becoming more and more popular across the country. I have been attending them for over 20 years, and have purchased many cars and trucks at bargain prices - everything from a brand new car (still with the window sticker on it and 3
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Car leasing is extremely popular because it provides an attractive method of driving an automobile that you might not otherwise afford. It allows you to make lower monthly payments than with traditional car purchase loans. About one out of every four vehicles driven by automotive consumers in the United States are leased.
But leasing is not for everyone. You should take the time to learn about leasing, and be sure it's right for you before making a decision.
While a purchase loan is a method of financing the ownership
of a vehicle, leasing is a method of financing the use of a
vehicle for a specified time period. As
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If you are considering the purchase of your next used or second hand car, you might at this point be very nervous. It's not a purchase you make regularly, like going to the supermarket for your monthly shop or buying that next outfit for hitting the town. It's something you might only do every three or four years - sometimes longer.
Some popular makes are: Audi, Alfa Romeo, Bmw, Citroen, Ford, Fiat, Honda, Hyundai, Jaguar, Jeep, Kia, Land Rover, Lexus,Mazda, Mercedes-Benz, Mg, Mini and Mitsubishi.
Confused? Who should I buy it from? A large garage group, a
medium sized independent,
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When people are doing research on how to buy a used vehicle, they often see information encouraging them to have an independent pre-purchase inspection done of the vehicle before purchasing it, but people may wonder whether or not it's worth the money. It is almost always a good investment.
For around $100 you can typically get a general inspection of the mechanical condition of a vehicle. It is generally a good idea to have this done even if the vehicle has been certified and inspected by the dealer. Ask your regular car mechanic to do the inspection for you. If
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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
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