1. Use dealer and manufacturer incentives. Sometimes, to help sell a vehicle, incentives are offer to help entice the buyer into going for a certain vehicle. This could be in the form of a cash rebate or low interest financing. When this is offered to you, and you like the vehicle in question, take it.
2. Don't pay the sticker price. Many times the sticker price on a vehicle(MSRP) is priced thousands of dollars over the price you could be paying. What could you be paying? Just use True Market Value. This is a tool used by Edmunds.com that will tell you what people are paying for a certain type of vehicle in your area. Do not pay more than what is listed.
3. Get proper value for your trade-in. Every used car has a value. Do not take less for your trade-in. Go to Edmunds.com. Put your vehicle's information into True Market Value. Be sure to input the vehicle's condition, mileage, options, and color. You will then be given a trade-in price.
4. Negotiate your price. Be confident. You have done your research, and you know what price you should pay. Do not pay over this price. If the dealer will not accept this price, say thanks but no thanks.
5. Sign the paperwork. After a deal has been agreed to, have the car salesman deliver the vehicle to you at your home. Only then should you sign the contract( that way you don't run the risk of being intimidated by having to sign it in the dealer's finance office). Congratulations! You have a brand new car that you paid less money for.
Tuesday, December 8, 2009
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