February 23, 2012

Buying the New Car

SHANGHAI, CHINA - APRIL 19:   A Volvo Concept ...

Image by Getty Images via @daylife

Sure, you want the best car but all you keep thinking is that it is only a matter of time before you find out that you walk into a dealer and you end up getting shortchanged on the car that you really want. So here are some tips when you walk in.

Be Ready to Walk out no matter what. You have to be willing to walk away from the car you want if you aren’t getting what you think is the best possible price. If you aren’t able to get that then you have to move on to the next thing. The less you are willing to leave the more leverage they have over you.

You have to know that they will always make money on a car. They will tell you that the price they are giving you is going to result in a loss for them, but they would never ever do that. It’s not a freebee business. It’s a money making business and they will always make money. The moment someone tells you that is a good enough moment to leave because they aren’t being totally honest with you.

You also can’t be impatient. There is nothing that is going to be solved in a day. You have to be willing to get more and want more before you are willing to settle for anything. The right deal does exist but you might have to take some time to find it. You’ll be glad when you do.

 

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Tips for Car Shopping

our brand new car!

Image by donandcarol via Flickr

Your car is your life and sometimes your life deserves an upgrade. Of course that’s not always easy to do as the Internet has made it virtually impossible to choose the car of your dreams. You don’t want to waste time getting the wrong car but you don’t want to make the mistake of waiting too long, then your old car is out of commission and you are stuck. So, here are some tips for wading through the endless sea of car buying and getting the car you want without wasting the most valuable time in the world: your own time.

First thing is first: you have to know the general idea of the car you want. This is good by doing a process of elimination. Sometimes it’s easier to get rid of what you don’t want. You can disqualify for price size or age of a car. You can then start looking between what you do want. Of course the more you can eliminate right off the bat is important. A good rule of thumb: if you have any hesitation about the maker of that car then cross them off the list altogether. You should feel confident about your purchase from the get go.

You should look into private financing for the car. Yes, the dealer can help you with that, but sometimes you can go to your own personal place and find it for much cheaper. That will make a world of difference to you. Make no mistake about that.

 

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