What is the first step that a smart new-car buyer should take before talking to salespersons and putting a dep

Question

What is the first step that a smart new-car buyer should take before talking to salespersons and putting a deposit on a car?

A. Shop around for a car loan.
B. Obtain car insurance.
C. Study the car market.
D. Test-drive the car

Answer 1

Question seems more out of a magazine or book than from you. But here is the answer, before you speak to a salesman, always study the car market and know what you want. Once you know what you want, shop around for a car loan. So, C would be my answer.

Answer 2

RE:
What is the first step that a smart new-car buyer should take before talking to salespersons and putting a dep
What is the first step that a smart new-car buyer should take before talking to salespersons and putting a deposit on a car?

A. Shop around for a car loan.
B. Obtain car insurance.
C. Study the car market.
D. Test-drive the car

Answer 3

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Well, it's very hard to do A or B without first knowing what the car brand is, so that lets those choices out. No salesperson will let you test-drive before talking with them. :o) So that leaves C. In this way you are also a better-informed consumer, less likely to be persuaded by emotion vs. facts.

Answer 4

If you're not sure what kind of car you want, get pre-approval for financing to at least know what your price range is. Then, find out what cars are in your price range at several different dealerships. Narrow down your selection, study the market on those makes/models of cars to find out which is more reliable. Test drive the ones that you like. Find out how much car insurance will be for the car you like, then cut a deal with the dealership.

If the dealership won't compromise, go somewhere else. Never settle for what THEY WANT.

Answer 5

None of the above. First, find out the dealer's cost of the vehicle you want to purchase, second, find out the NADA book value of the vehicle your trading, if there is one. Third, check with your banker or whomever and be sure you can get a loan, if needed, and what the interest rates will be. Fourth, always be willing to walk away from the deal and say, "Is that the best you can do".

Answer 6

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Answer 7

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Answer 8

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