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Car Shopping The Right Way – How To Do It

Consumers often feel stressed about a car purchase. It can be overwhelming since there are many different cars and financing options to consider. If you are in the market for buying a new car, the article that follows below is full of the information that you need.

Make sure that you work with the dealership to lower the sticker price of the vehicle. Never pay the sticker price for cars. Sticker prices are marked intentionally marked up so that the dealer has room to negotiate.

Learn about the true market value of the car before making an offer. Oftentimes, dealers will have the car marked up a certain percent over the value so they have some wiggle room. If you know the market value, you can better haggle with them about the price you will pay out the door.

Think ahead when you are planning on making a car purchase. Do not make the mistake of buying a car without thinking about whether it would be practical for future use. Buying a sports car will not make much sense if you are planning to have a family anytime in the near future.

If you are frequently using your car, it is important that you ask the dealer about the tires of the car. Find out about the size of the tires and how much they would be to replace. This is a big deal because certain tired cost a substantial amount to replace.

A great tip for those looking to buy a used car would be to research what the resale value of the car is. Look at the Kelly Blue Book value and compare it to the condition that the vehicle is currently in to see whether or not the price is fair.

Never purchase a car the same day that you find it. A rule of thumb is to sleep on the decision. That way you have time to think about the pros and cons of the car and how much you think the car is for you. Do not worry that the car will be sold in the meantime as there are many more out there.

Take your time when buying a new car and do your homework. Do not be afraid to get up and walk away from a deal. Don’t fall in love with a specific car. If the numbers the dealer is giving you are not what you want, just walk away.

You should test drive the car you want with every feature you desire. For example, test driving a manual model when you want automatic won’t show you anything. If they don’t have the exact model on the lot, go to a lot which does for the test drive as you can always go back for the purchase, if you want to.

Search the Internet to find great used car deals. There isn’t much of a reason to go to a regular car dealer in this day and age. Rather, you can search Craigslist, eBay, and classified ads, locally. This is a good way to save money and stay away from the salespeople you will find in dealerships.

Consider skipping the dealership entirely. An auto broker will work with multiple dealerships to find you the best deal on the car you want. You can usually find these online, and the dealerships will pay the fees for their use. This is a good way to comparison shop without having to visit multiple dealerships.

At the end of the month, it’s sometimes easier to shop for cars. Salesman need to make monthly goals which means you can help them get to that goal. You can get the best deal by shopping during the last week of the month.

Have car insurance in place before you go car shopping. You need to have insurance before they will let you drive the car off the lot, so make sure to shop around for the best. While there are some companies that let you sign up from the lot itself, that may not be the best insurance deal you can get.

When deciding which vehicle you should purchase, think of where you normally drive. If you drive a lot on the highway, you should invest in a vehicle with excellent mileage for instance by choosing a hybrid. When you understand what you need a car for, you are better prepared to make an adequate match.

Look into the “hidden” expenses associated with buying that car. Different cars can have different fuel efficiencies, maintenance costs, resale values, and insurance costs. Consider the type of fuel that is needed, whether or not frequent maintenance is needed and how expensive replacement parts are. Over the course of ownership, these little costs can add up to hundreds or even thousands of dollars.

Understand that a lower payment does not mean the same as lowering the price of the car. It is pretty easy to get to almost any payment by reducing the interest rate and extending the terms of the loan. If you can qualify for a reduced interest rate at one price, you can certainly qualify at a lower overall price for the car. Extending your payment terms just obligates you to pay longer, and it does nothing to reduce how much you will actually end up paying out of pocket.

Consider skipping the dealership completely and go with an auto broker. An auto broker usually works with several dealerships and acts as an intermediary to get you the best deal on the car you are looking for. They work on commission, however it can still save you time and money in the long run. Be aware though that a few states have banned auto brokers.

Have the car you’re interested in buying inspected by a certified mechanic before signing any contract. Your mechanic will check for any electrical or mechanical problems. If problems are discovered, you should consider another car, or haggle for a lower price if the problems are minor.

Now you’re ready for car shopping battle! Implement what you’ve learned here, and you’ll get through the process unscathed. You will be able to find the car that makes you happy as well as the financing options to meet your needs.

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2 comment  view:2   blogger:0 view

  1. car shopping tips 8615

    Always bring a mechanic along when shopping for a new vehicle. Car dealers are notorious for selling lemons and you do not want to be their next victim. If you can not get a mechanic to look at cars with you, at least be sure that you have him look at your final choice before you buy it.

  2. car shopping tips 243

    Although some sites suggested not test driving a vehicle because of the emotional attachment that can happen, it is never a good idea to purchase something without trying it out. Take at least a fifteen minute long test drive to really get a feel for how the car handles and how comfortable the car truly is.

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