to get the best deal? A site that explains step by step what information they won't tell you; key questions to ask; how to get a car at or below invoice; how not to be taken advantage of by their finance dept; what information to go armed with, etc.? I just want a few sites(4-6), or one that you know is the best, from each answerer! Thanks.
2006-09-11 06:00:47 · 5 answers · asked by macfifty06 4 in Cars & Transportation ➔ Buying & Selling
I used edmunds: http://www.edmunds.com/
2006-09-11 06:06:56 · answer #1 · answered by hec 5 · 0⤊ 0⤋
You don't have to worry about finding a site because I am going to tell you now how to do it.
1 - Figure out what kind of car you want and which
dealer has the best price on it.
2 - Negotiate a cash price for the car. Try to get a AT
LEAST a 5% discount for paying the dealer upfront.
Also, make them put the price offer in writing. The
Bank will need to see it.
3 - Go to your financial institution and get a loan for the
amount you negotiated for the car.
4 - Go to the dealer and find the car you want.
5 - Give the dealer the check for the car and fill out the
paperwork.
You will get a more favorable interest rate buying the car this way. So ultimately, the car will not cost as much as if you had financed it through the dealer.
Congratulations, you are not only the owner of a brand new car, you are a shrewd businessman. People conduct business everyday and it shouldn't be any different for you.
2006-09-11 06:51:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The only way you can cut through the crap is if you have all of the money upfront. If you can walk on a dealership lot with $25,000 in your pocket you have the power to cut through the crap. Just tell them that you want to buy a car for cash and you want their best deal on the particular car that you want. Test drive? NO. Coffee? NO. You just want to know what the best deal is on the car that you want. Thank them for their time, get their card and then go to the next dealership and do the same. Once you looked over all 5 or 6 prices then you can go back to the dealership of your choice and buy the car.
Part of the smoke and mirrors act is a result of the customer not having any money and needing credit, the customer not knowing what he wants, and ultimately the customer not knowing what he wants to pay or should pay.
As far as the information that they won't tell you, you really do not need to know. It will only confuse you more. These are only ways of trapping you into doing business the way they want you to do business. If you go in there demanding to see the invoice, that will give them the excuse to tell you more lies.
2006-09-11 06:11:21 · answer #3 · answered by Joe K 6 · 0⤊ 0⤋
I know of one site where you can find out how much the invoice cost of a car is -- the Consumer Reports web site. You have to subscribe, but you can go in, punch in the type of car with all the options, and they'll give you a printout of what the dealer pays for the car. It's worth checking out.
2006-09-11 06:04:18 · answer #4 · answered by sarge927 7 · 0⤊ 0⤋
Consumer Reports does not know how much the dealers pay for cars. Every dealership is a little different. As long as you feel your getting a good deal it is most likely a good deal. Use your judgment. It is a game just play it.
2006-09-11 06:09:18 · answer #5 · answered by bhcky79 3 · 0⤊ 0⤋