Are you looking for a new car? If so, there are 7 steps you should take to ensure that the only thing that gets “taken” is the car from the lot. After all, you want to get the best deal possible for your hard-earned cash. Buying a new vehicle is huge investment and you want to be sure you have all your facts and options ready, before you start looking.
- Know the value for the vehicle. Just because the “sticker price” says X amount, doesn’t mean you can’t haggle. Often, you can get a lower price, but you have to ask for it. Experts say that it is expected for the customer to pay fees listed on the sales invoice, but should not be responsible for any advertising fees that may appear on the purchase contract.
Talk to several auto dealer marketing—at least 3—to find out what vehicles they have that match your requirements. When you get the lowest price, call the others back and say, “I can get the vehicle for X amount, can you beat this price?” Nearly every time, they will. Just be careful that the lower selling price doesn’t mean paying more for something else.
- Know exactly what type of car you want… this includes the year, make, model, options, etc. before going to the dealership.
- When you get to an agreement on the cost, take some time to carefully look at the overall expenses such as sales tax, fees, upgrades, etc. In addition, there may be some dealer’s fees that can be negotiated. If you need to know more you should visit this link:http://www.go2globalyachting.com/car-dealerships-make-buying-a-new-vehicle-easy/ here. Ask for a copy of the contract to study at your leisure so that you can be sure you understand what you are getting. Don’t be pressured into buying “right now.”
- Determine your budget. This must have to be taken more importantly since this will matter the most when buying.
- Know what incentives and rebates are available. A car might be selling for $20,000 but have a rebate of $4,000 in customer cash another may offer low financing at a fixed rate for 5 years. Also, be sure you read the fine print carefully so you understand the difference between rebates offered to the customer versus those offered to the dealer.
- If after studying the contract you are still certain that this is the car for you, ask the dealer marketing to deliver the new vehicle to your home or place of business. If you are signing the documents at finance manager’s office they are apt to offer you an assortment of added features. After reading this also visit our top article here. In most cases, the only extra feature worth adding is an extended warranty.
- Before you drive off in your new vehicle, be sure to inspect the vehicle closely and make sure that there were scratches or dents incurred when the dealer had it detailed. If anything is missing or damaged, ask for a “Due Bill” that puts it in writing so you can come back later to get the work done.
So, there you have it. Do your homework, read the fine print, and before you know it, you can be enjoying that new-car smell.