How many people do you know who have bought a new car, driven it off the lot, and then felt like a chump because the car dealer pushed them into an impulse buy?
They made a deal and didn’t realize until the paperwork was signed that they had been taken.
There are at least three things you can do to position yourself to make a better car purchase: Plan ahead, pre-arrange your own financing, and choose the right time to buy a new car. The following are some good car buying tips for women and men.
New car payments
Next to your mortgage, a new vehicle is among the largest single purchases you will make in a lifetime. Yet, most people buy their new car out of impulse, not careful planning.
Plan ahead and know what kind of vehicle you want and how much you are willing to spend.
This can be a big difference in riding off in your dream car, or being bullied into buying the salesman’s dream.
When dealerships offer “financing packages” they are really trying to sell you another product in addition to the car. So many people wander into a car dealership not knowing what their credit score is like.
This immediately gives the dealer the upper hand. Know your credit and arrange financing with your own bank. This will put you in a better bargaining position.
Timing is also important when it comes to buying a new vehicle. Car dealerships live under the pressure of sales cycles. They are pressured to produce, more so at certain times than others. Understanding these time cycles can help you use them to your advantage in buying a car.
When you look at any car buying for dummies, you’ll find that the best time to buy is at the end of the month, and in the fall before new care models come out.
We’ve only scratched the surface of new car buying secrets. Plan ahead, know what you want, arrange your own financing and know when to buy, and you will be ahead when it comes to buying a new car.
In order to master the insider secrets before your next car purchase get the dealer’s play book of persuasion tactics. You’ll be alert to their techniques and in the best possible position to make a sweet deal on your new car.
If you really want to make the best deal on your next vehicle, whether it is a new car, used car, lease, or trade-in, Taking the House Edge away can save you thousand on your next vehicle purchase.