There is no denying that buying a car can feel like an extremely stressful process. Now that there are hundreds of makes and models to choose from, not to mention promotions and payment options, it’s easy to become frustrated and stressed out. Read the tips below, and use them to take some of the stress out of car buying.
Don’t let a salesperson talk you into purchasing a vehicle that you are unable to afford. A lot of people are swayed into buying a sports car by a salesperson. Keep your budget in mind and stay in control of the situation.
You do yourself a great disservice if you fail to negotiate a price lower than sticker. There is no reason to pay that much. They are priced for negotiations and this should be taken advantage of.
Look online for a great deal. Don’t visit a dealership until you have a good idea of what you want in a vehicle, such as size, brand, and pricing. You should do a little Internet research first to see what brand might work for you, which cars are the safest and other things that a dealership won’t tell you.
Arrange car financing prior to buying a car. Talk to either a bank or a credit union about it. Doing so will cause you to get a much better rate of interest.
Before going to a dealership, you should know what you want. Do research online before you shop to find out what type of vehicle is best suited for your family and budget. You will also have a better idea of the price you want to pay for a vehicle.
If you already have a pretty expensive car, do not drive that to the car dealership to make a purchase. You might not get a good deal if they see a nice car that they know is expensive.
Do not talk about trade-ins, down payments or incentives until after you have a firm price on the car you want. These items should all be subtracted from the rock bottom price. Negotiating first can get you a better price, and then you can discuss these little “extras.”
Shop at month’s end. Most car dealerships have monthly quotas they must reach. Toward the month’s end, salespeople may be behind in their quotas, and this could be a great time for you to get a good deal.
Although you may have a wish list of features, it is important to keep in mind that you might not find all of them in one car. Perhaps, the features you desire are not in your price range, or maybe what you see in the car lots do not appeal to you. Do you really need those heated seats?
Bring someone with you. They can give you a fresh perspective on the decisions you are trying to make. Your friend should also accompany you on your test drive and give you their opinions on how the car handles.
You need to know what you can spend before doing it. That number should be about the amount you want to spend, and the research you’ve done about the value of whatever car you want.
Research through the web and magazines for information when buying a car used. This can give you a better idea of what you should be paying. You can find out what a vehicle is worth by using the NADA or the Kelly Blue Book. If a place is trying to sell the vehicle for more than it’s actually worth, then it’s in your best interest to go somewhere else.
Don’t accept an as-is warranty! It can be a very bad choice. At the minimum, you should get a three month warranty on your car purchase. If you sign an as-is warranty, you’ll be responsible for any repairs even if it happens as you are driving off the car lot.
Once you have an offer you like, mention your trade in. The dealer may try to give you a not-so-great deal on the trade in, but you will have bargaining leverage since you already have a firm purchase price for the new car. You need to seal the deal now that you’ve gone through all this effort.
This will help you shop for a car with less stress. Keep all of it in mind while going through every step of the buying process. This information will assist you in finding the car that is right for you at a price that you can afford.