Question:
I am looking at buying a new/nearly new car what are the best ways at haggling the price?
Answers:
Buying a car online that is far away?
You have to find out what the vehicle is worth before you even go to the dealer. www.kbb.com is the Kelly Blue Book site and lets you research any vehicle you may be looking for.Rambler is looking for a NASH designed car?
Next, you have to realize the dealers need to make a profit. You just want to minimize the amount of profit YOU give them. Having your financing set up BEFORE you go to the dealership is also a good idea. Most banks will "pre-approve" you for a loan. That way you know the best interest rate you can get from the bank, you will have an idea of the monthly payment for the amount you want to borrow, and it is one more bargaining tool in your bag of tricks.
I have absolutely no credit. How can I buy a car?
Next, consider if you will have a trade-in. If not, skip this part. If so, this is another area where the dealership will rake you over the coals. If you have the time, consider selling your car yourself. Getting the selling information again from the Kelly Blue Book site. You can probably get 25-40% more if you sell it yourself.
Now you're ready for a trip to the dealer. Go in and find the car you like. Remember, you've already done your homework and know the make model and options you need/want. NEVER, NEVER, NEVER tell the salesman you are preapproved for a loan or the dollar amount. You just showed your hole card and he knows the best way to separate you from the most amount of your money. Go for a test drive. Take the car back to the dealer and walk out. Give yourself some time to consider your impending purchase. Trust me, this is not the only car with these options available, this is not the only car in this color with these options. These are ploys used by car dealers to get you to buy right now. YOU are the customer, YOU say when. And the saleman is going to do everything in his power to get you to say "right now".
Just walk away. Tell them you want to look around and compare models and prices. Then wait a couple of days. Toward the end of the month is best. If you can wait until August, that would be even more better as that is the end of the model year, and they are doing whatever they can to sell the old model year vehicles. This is probably the only time where the availability of that car in the color you want with the options you want may be limited though.
Now when you go back to the dealer, go for another test drive. You don't want the dealer to think you are too anxious. When you get back, tell the salesman to "Give me your best offer." Remember, you know the invoice price because you did your homework and checked www.kbb.com. If the price is close, ask, "is that the best you can do." Never take the first offer. They'll come down. Keep your poker face on until you get to a price YOU can live with. Then smile and close the deal.
How does having a co-signer on an auto loan help me?
If you can get better financing through the dealer, take it. Otherwise, you are already pre-approved and can save a lot of time by using your own bank. Watch out for the finance dude. They will try to sell you all kinds of extended warranties and other dealer incentives. Look them over, some are worth the money, others aren't. Nothing has to be decided at the table, even though they will tell you they need a decision then. If they can't wait a few days, walk away from it.
Recommendation on buying a used car...?
Hope this helps. good luck.
1.The fake walk away always works for me.
2.Tell them it's out of your budget.
3.Always give a 15% lower budget that you actually have
4. NEVER buy on impolse
Butterbean's got the techniques! Plus, "nearly new" is always better value than brand new, the first owner's had the biggest depreciation thump (and probably any initial teething troubles and recalls have been done).
Is there any free online - used vehical checks?
Use a broker. They will source you the cheapest price from the dealer, it is impossible to match a broker on price because they buy so many cars. Its the newest thing at the moment and there are no risks because you deal with the main dealer direct.i buy a car $20.965.00 w/ 3.000 down,amounr3.5years w/18.39% annualrate should refinance?
Seriously I cant believe people dont know this service exists, it is free as well try it and compare. Some people even take the quote into their local dealer and ask them to beat it, they never can because if you were the dealer who are you going to give more discount a customer buying 1 car or another buying 800 a year?
Is it important to have a service history on a car when you sell it?
Check out www.IntroCars.co.uk you can get an online quote without posting any details to see how much you can save.
i want to buy a pt crusier for 5000.00 cash in arkansas?
I used to work in sales for bmw and I never ever heard of anyone getting anywhere near the full amount off! We used to make them think they got a great deal but sometimes out of £3000 margin they might get £1750 off.
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