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Getting the Best Car Deals |
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Here are 7 tips on getting the best car deals online. |
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| Author: Www.cardealerquest.com Staff |
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You’d be surprised at how much you can save on your new car purchase, with just a few easy steps. Often times, one or two hours of research can save you literally thousands of dollars.
Here are a few steps to getting the best deal possible.
1) Locate the car you want and see its current value through the Kelley Blue Book. The Kelley Blue Book will also give you the current average invoice price for the car as well. This would let you know the approximate price the car dealer actually paid.
2) Find a Car Dealership near you, and find the car you want through their internet department. Because competition on the internet is fierce, car dealers often offer close to their lowest price through their web sites. Today you can find car dealers online using a search engine like Yahoo or Google, or by using an online Car Dealer Directory like cardealerquest.com.
3) Use the internet to see what people are saying. Find online forums where people talk about the car you are interested in, and how much they paid for it. This will give you a good idea as to the market for the car, and what it is going for in your area. Often times, you will see that people paid under the invoice price for a particular car quite often. This is because dealer’s are sometimes offered incentives for selling particular models, or particular amounts of cars, so they are willing to lose a bit on the sale, but make it up through the factory incentives.
4) Use the price you found on the internet as the highest price you will pay. Call all of your local dealers, and ask them if they are willing to beat that price, and by how much. These calls will often get you an even lower price to start from. One thing to note is making sure both you and the dealer are talking about the exact model you want, and not a similar, lower end model. Often times car dealers will offer you their lower end models at a lower rate.
5) Get your local newspaper on Thursday, Friday, and Saturday to see the weekend deals some car dealers will offer. Often times, dealers will have special rates which will state “only one car at this price”. They literally mean that, and it is often times in a color you won’t want. But, having this information will let you know how low the dealership is willing to go, and is good knowledge when going into the car dealership. Also, sometimes car dealers will offer coupons in newspapers which can be used “after negotiation”. Be sure to not mention or show the coupon until the negotiations are final.
6) After you know the invoice price, the dealer’s internet price (or lower if you were able to negotiate a bit on the phone), and the newspaper promotions going on in your area, you should know the price you are willing to pay, and go to the dealership. While negotiating, if you see the salesman pulled strings to get you into the dealership, or seems to be dishonest in any way, make sure you do not hesitate to get up and leave. Also, if you see you’re not getting the final price you think you could get, don’t be scared to get up and try another dealer. Sometimes getting up in and of itself will get you a better price.
7) Don’t fall for “monthly payment” scams. Negotiate the price you want to pay out the door, and don’t let the dealer say things like “that would only add $15 a month to your payment.” $15 a month over five years is $900, and you don’t want to pay $900 more after your hours of research and negotiation.
If you follow these tips, you should be able to find the best price on a new car. Often times, similar tips will work for a used car if you are only willing to purchase it through a car dealer as opposed to a private party. A little hard work goes a long way when making a car purchase because in the end, you can literally save thousands of dollars.
About Author
This article was written by the staff of www.cardealerquest.com where you can find a mortgage broker that suits your specific needs within your local area.
Article Source:
http://www.1888articles.com
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