I have a trade-in, but aside from that what else can I negotiate price with? I have a good credit rating.
2006-10-30 08:06:38 · 13 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
Trade it in for a relatively new used car. Cars are an incredibly bad investment. You lose thousands as soon as you drive it off the lot. Better yet, sell yours yourself, (you'll get way more for it) and buy a used car with an excellent reputation. Just buy what you need as well. Cars are for transportation. They are too expensive and depreciate too quickly to treat like a fashion accessory.
2006-10-30 08:14:50 · answer #1 · answered by Old Cripple 3 · 0⤊ 0⤋
It's a little late in the day to be asking but there are two things I'd recommend to you if you were my sister:
Do one or the other-
Consumer Reports has a service where then tell you what the dealer paid and how to negotiate.
http://www.consumerreports.org/cro/customer-service/consumer-reports-advice-and-prices-on-buying-a-new-car/index.htm
American Automobile Club also has a similar service.
http://www.aaa.com/AAA_Travel/AutoBuying/car_buying_service.htm
You will have to pay around $30 to $50 for the service but you can really save thousands.
If you have never dealt with a car salesman you will soon learn that they are very good at seperating you from your money.
You should also go into your bank and ask them to preapprove you for a car loan and find out what the interest rate is. Take this information with you and use it to negotiate financing as well.
I once bought a car and my neghbor liked it and ended going to the same dealer and buying the exact same car with the same price on the window sticker (only the color was different), but he paid $1000 more than me. Why? I was prepared. I knew what the car was worth and I was willing to walk away if they didn't meet my price.
Good luck.
John
2006-10-30 08:21:16 · answer #2 · answered by John L 5 · 0⤊ 0⤋
Shop around. Know what incentives are being offered on your particular model. Don't tell them about the trade until AFTER you have negotiated a price (the dealer will inflate your trade-in value and add to the sale price). Think of how much you want to pay per month. It's weird because I leased a Ford Explorer for $452 per month a few years ago. I walk into a new place with a grand to put down, and demand an Eddie Bauer Edition 2-yr 15K/yr lease for $399 per month. They said yes!
2006-10-30 08:16:46 · answer #3 · answered by pain.in.the 2 · 0⤊ 0⤋
do not, i repeat, DO NOT, tel them you are going to finance through the dealership. do not let them sell you on a payment. that is how they get you. also don't take any extras you don't want. personally, i got the extended warranty and GAP insurance because i've had cause to use them in the past and it was very handy to have. but most of all go in like you have cash. ask for the best deal and when they give you a number, tell them you had a number in mind about 800 dollars less and if they cant do it get up and walk out.
2006-10-30 08:15:17 · answer #4 · answered by Darin C 3 · 0⤊ 0⤋
Shop around, get different prices on the same models with the same options. When you ask the guy how much, the price he gives you won't be the best price he can do. Talk him down, get him to throw in the extended warranty, oil changes... whatever.
2006-10-30 08:10:07 · answer #5 · answered by Tom S 1 · 0⤊ 0⤋
ok i work for a car dealer and the end of the month is a good time to buy new . but remeber you still have to chew them down lets say the car you are looking at is 29,000 list but with your trade in what ever it is worth lets say they give you 5,000 now you are at 24,000 you can get that price down to at least 22,000 stand firm on what you want and the price you want to pay and remember know what your car is worth first .
2006-10-30 08:14:59 · answer #6 · answered by gatorgirl2e80 2 · 0⤊ 0⤋
i wouldnt BUY it tonight, ask to take it home for the next 2 days and see if you like it, then haggle with the price, well I like it but too much $$, i want to see whats out there, give it a week total with any car? they'll knock down the price for sure!
2006-10-30 08:14:40 · answer #7 · answered by crystald 4 · 0⤊ 0⤋
the end of the month is the perfect time to buy a car. They are anxious to meet their quota at the end of the month and its a good time to try and get the price down as they are more desperate to make that sale.
2006-10-30 08:09:10 · answer #8 · answered by Dovahkiin 7 · 0⤊ 0⤋
I just talked to a car dealer and he said to never ever let them know that you are putting money down until you are done. They figure your payments on the whole amount, so anything you put down would be profit for the dealer.
2006-10-30 08:25:21 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Check in this book, for the average price of the car you want to buy, you can also look for the dealers cost>>
http://kbb.com/
2006-10-30 08:15:47 · answer #10 · answered by Anonymous · 0⤊ 0⤋