In life, getting what you want starts with some knowledge. You have to absorb what the experts provide you on the topic. Car shopping requires the same research, and this article has all the tips and tricks you need to make shopping for a car a walk in the park.
Try to stay in control of the negotiations with your salesperson. Don’t let them talk you into a vehicle that is out of your price range. Salespeople will try talking you into buying a luxury or a sports car by telling you this car corresponds to your personality. Remember that the goal of any salesperson is to make the highest commission, so they will benefit from selling a pricier car.
Do not wait until you go car shopping to think about how you are going to finance your car. You need to arrive at the dealership with your car loan pre-qualified at a decent interest rate. You are almost always going to be able to get a better deal than the dealership would provide for you.
Be aggressive and assertive. You will inevitably end up negotiating the price of your vehicle, so don’t be afraid to push a little. Be prepared to walk away from the dealership if you aren’t making progress. Leave the offer alone for a day or two, and then contact the salesman again. If they know that you are willing to walk away, they will be more likely to accept your offer or to counter-offer with a more reasonable price.
When you are considering buying a used car, always have your mechanic check it out first. You are not a qualified mechanic trained to spot problems or repairs, so you need to take it to a professional. Be prepared to pay $100 or so for this service, but it may end up saving you thousands.
Car salesmen have quotas to meet. If you wait and do your car hunting during the last week of the month, you are quite likely to get a better deal. If a salesman has yet to meet their desired quota, they may be extra-eager to close a particular purchase. You can get a lower price as they’re more desperate than you are.
Plan to do your car shopping at the month’s end. At most dealerships, the salesmen are trying to reach a certain quota for the amount of cars they have sold. At month’s end, the salesperson may still need to meet his quota, and he will be more conducive in giving you a better deal just to make a sale.
When you go car shopping, take along someone who really does not care whether or not your purchase a car. An objective party will make it easier for you to avoid basing your purchase decision on emotions. Take them with you when you do your test drive, and have them give you their opinions on any negatives.
Those of you who are in the market for a certified pre-owned vehicle would be wise to check the cars certification checklist. This will allow you to be sure that all components have been inspected and everything is in order allowing you to buy with a great deal of confidence.
No matter how far into the purchase you have gone, remember that you are not tied down into one-car dealership until you sign papers. Even if the salesman is very friendly, it is just business. If you find a better deal elsewhere, you have no obligation to purchase from your first dealer.
Many people who have bad credit end up at a buy-here pay-here dealership. Be very careful of these types of dealers. Usually they buy cars at auction for little money and the majority of the money they make is off of the high interest rates they charge. If you have any choice, always get a loan from a bank, not the dealership.
With this knowledge in your mind and this article in your hand, you’ll be prepared for anything the salesperson throws at you. You will know what you want and how to get it, and that gives you the power. The next step is to find the lot you want to visit and take it over with your confidence.