How can I get the best deal on a new car?
I'm in the market for a new car. I need some tips on how to get the best price on the car from the dealer.
Public Comments
- Cash talks BS walks!! Have pre-approved financing or cash/blank check and make them an offer they can't refuse!!~:()x
- consumerreports.org
- Hi Mr. E Few pointers for you. First, do your homework. If you know what type of car or truck you are going to buy, go to Kelly Blue Book website and get the invoice price, it will also list the MSRP price as well. After you obtain this info you may want to make a few calls to different dealers and get their prices. Be careful of financing, a dealership will charge a little more for financing thru them. Check some alternatives such as credit unions--they will usually have a lower interest rate. If you aren't a member, then call a few and find out if you are eligible. A few years ago they relaxed the criteria for memberships, so you may be eliigible. Be careful of dealership add ons such as undercoatings, rust protection, vin etches etc. Compare the different rates using an online comparison calculator, and be careful of 0% interest rates (They aren't always the best options) Hope this helps Jerry Christopher http://www.usedcarwise.com
- As an expert in this area, here's a few quick pointers: 1. MAKE SURE YOU DO YOUR HOMEWORK. I've heard lots of stories where people walk clueless into a dealership and get taken for a ride. Make sure you're not one of those people. Start off with some research at http://www.edmunds.com or the current Consumer Reports (2006 Annual Auto Buying Guide) 2. If you have a current car you will trade in, DON'T. Sell your car privately to keep the transactions simple. If you don't want to sell the car yourself, take it to a CarMax. They tend to offer wholesale on your car which should be somewhere near fair value. Doing this keeps your transaction simple, making it harder for the dealership to take you for a ride. 3. Try using the Internet department. Some dealers have an internet department where they generate revenue by moving many units instead of making a lot of per unit. 4. Make sure you have the right car for your needs and wants. Not doing so will lead to a costly mistake. Take a few test drives, and drive competing models to make sure that is the right fit. Good luck!
- LMAO, you people in here make me sick. You can look up invoices at edmunds.com take that with you to the dealer, find the car you want, ask to see their invoice to see if it matches. Dealerships have to make money to stay in business, keep that in mind. Also if they won't show you the invoice, don't buy there.
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