Search This Blog

Tuesday

Tips for Buying a New Car

Buying a new car can be fairly easy if you follow a few tips and tricks. You have to know what your doing in order to get a good deal and knowing your rights. Car Dealers are there for one reason. To make money off of you. You have to keep that in mind.
Know the time
There are certain times in the year when you should try and buy a car. This will ensure a good deal for you. If you can wait until December then you should do that. The reason for this is, most people are out shopping for gifts for their loved ones. They are not thinking about buying a car. This means the car dealerships have less customers then they would normally have. This will make the dealers cut prices to all time lows in order to drive costumers in. Another great month to buy a car is in October. Car dealerships will offer a all time low on this year models so they can clear out for next year models. There are many incentives on cars for the dealers. Tell them you know about them and would like that amount knocked off.
Credit Score
You will want to know your credit history and your credit score. You cant get a good deal if you have no clue about your scores. If you have a higher score, that's a better deal you can get. Find out all your information before going to the dealer.
Bargain
You will need to remember during this time, that he is working for a big commission. The dealer is going to try and get you to pay the most for the car. They will tell you that they can knock this amount off and that's final. Trust me when I say this, its never final. You should know what the car is worth, then you know how far you can push it. If you don't like the lowest price he is willing to offer you tell him, you have changed your mind and get ready to leave. More then likely, he will go back on his final offer so he can keep your business.
Trade In
Don't let them know you have a trade in until you have both agreed on a price. Once the price is set and you both are happy, then tell him that you have a trade in. Make sure you know what your car is worth, so you don't get ripped off in this process. If you owe money on a car its best to not trade it in. Many people have been ripped off this way. The sales men offer to pay off the car payment , in turn giving you a lower offer. No matter what happened, you name is still on that loan which makes you liable. If you really want to do this, then make the dealer write something down with a time limit. If they do not pay off the loan in the time limit, tell them the deal is off and return the new car.
Location
If you know a certain car that you want, go for that car. If the dealership does not have that car, do not have them locate that car for you. You find that car and go get it. So many times people have been ripped off letting on dealership buy it from another. Then there are all kinds of hidden fees and who knows you may not even get the car you were looking for. Your better off finding your own car and going from there. This way you know what your buying and where its coming from.

No comments:

Post a Comment