Without the proper preparation and knowledge going into your car buying experience, you can be left with self-doubt over whether or not you actually received a good deal. This article is designed for the sole purpose of keeping those slick, persuasive car salesman from tricking you into buying a car that doesn’t work well for your specific needs. Learn about the three things to look for when buying a car, and find the perfect one for you!
Receive Quotes from Several Dealers
First and foremost, it’s important to conduct proper research and contact several dealerships in order to compare quotes and find the best deal possible.
It can also be helpful to find quotes online through the use of websites like CAR and DRIVER, which offers free online pricing quotes from several dealers. Not only does receiving multiple quotes give you a better understanding of what you can expect to pay and where to find the best deals, but it also allows you the ability to negotiate with dealerships and get the price down as low as possible.
Check the Invoice Price and Rebate Possibilities
Utilizing rebates to your advantages is a fantastic way to significantly lower the cost on your purchase. While many dealerships may conveniently leave out all of your rebate possibilities as a way to pocket a little extra money upon making the sale, understanding your rebate possibilities and utilizing that knowledge can save you a lot of money.
Another great way to establish negotiating leverage with the car dealership is by checking the invoice price, which is what the dealer pays the manufacturer for the car.
Consider Your Financing Options
Lastly, consider all of your financing options. While the dealership will typically work out a contract with a bank in an effort to get you the best rates possible, you can occasionally find better rates by doing your own research in order to find the best possible interest rate.
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