For many knowing how to get the best car deal only matters for just a few hours every 3 to 5 years or so. But car dealers have had decades to perfect their skill of selling to you. Do you know how to ward off most of their scams? Do you know where their bottom line really is? Let car buying be a money saving pleasure not a drudge.
Car buying is, or should be, a calculated decision, so, before you go cuckoo for that monster truck or raving for that soft top, consider the mistakes car buyers make and find out how you can get the best car deal. There is never a substitute for research. Sure, those SUV's look big and cool, and dealers are dealing. But do you need one to drive the mile and a half to the shopping mall every Saturday? Is that racy red sports car really the best choice for your family of five growing kids?
Do not get emotional in the showroom. If you fall in love with a car, be sure not to overreact and get too eager particularly in front of the sales staff. Give yourself some time to sit back and make sure it's the car for you, always try to find time to go home, think it through and then go back next day. In short, don't let your heart rule your head, it can lead to aching in both. If you can afford $20,000 and the object of your affection lists for $30,000, you might be able to negotiate it down but there is no way you're going to be able to buy it for $20,000. Know your limits and know what is involved to get the best car deal before you go car shopping.
Dealers are more sensitive to their customers' satisfaction. But, like in many industries, the old ways die hard. So it is still important to be informed and to make a good decision when shopping to get the best car deal for yourself and your family. It's important to remember that car buying should benefit you. If you deal fairly with the car salesperson, and you get the same in return, the transaction can be enjoyable, even exciting. So arm yourself with all the information before you go and you will have a great shopping experience and many years of driving pleasure in your new car.
Car buying is very complicated, and for many people it's unpleasant, and for good reason. New cars are pure purchase and assured depreciation, except in the rarest of circumstances. On top of it, car loans are weighted so you pay mostly interest initially, so you don't have much equity in the vehicle, whatever it's worth, for a long time. So of course it's intimidating, but you can do it with help. The secret is understanding where the dealer's profit comes from, what margins they have on not only the price but also the financing. How do they handle your trade in? Know how to get the best car deal going before you enter the showroom.
Forewarned is forearmed is an age old saying and true to this day. What better way to know the insider scoop from an ex car salesman who "tells all" Car buying is a major investment for you and getting the right deal and the right price should be paramount. Find out ALL you need to be forewarned about before you go to the showroom.
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