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2007-04-08 17:15:15 · 6 answers · asked by james z 1 in Cars & Transportation Buying & Selling

6 answers

Have an idea of what kind of car(s) you are looking for, and with what features. Go to Edmunds.com and build your cars. They'll give you the MSRP, the dealer invoice price, and what the average sale price is. Your goal is to beat that average sale price.

The dealer gets some hidden mfr. rebates called "holdbacks." So make them get down to just a few hundred over dealer invoice. They'll still make money.

Since you are buying new, make sure the car is what you want. I recently purchased a new car and had to visit 6 dealerships to find one that had one of the cars I wanted in the configuration I wanted. Don't settle for less than what you want. Don't pay for extra options you don't want.

Lastly, line up your financing with your bank, or preferably credit union, ahead of time. If the dealer offers you a better financing deal, great! But you need to have your own lined up, so you don't get swindled by the dealer taking their financing.

2007-04-08 17:59:10 · answer #1 · answered by Uncle Pennybags 7 · 0 0

Research the car(s) you're interested in before walking onto a lot. KNOW what your budget it....the salesman will ask "what payment are you looking for?" Your answer to this question is "I'm not a payment shopper, I buy according to the total price of the car." If you have a AAA or Costco membership, go thru the Vehicle Purchasing Service offered...the price has been pre-negotiated by both & you just call & they tell you how much. No haggling, no wasting 8 hours of your time at the dealership. Best advice I can give you....get preapproved for a loan thru your bank BEFORE you go to the car lot, that way, your credit isn't run 100 hundred times, you don't have to worry about the interest rate game, and you know exactly how much you have to spend.

2007-04-08 17:26:53 · answer #2 · answered by bundysmom 6 · 0 0

ok heres what you do
1. if you plan on trading in a vehicle never tell them your going to trade it off till after the price of the new car is met
2. dont act to excited to get it
3 put it in the sun to see if you can see any dents or scratches to try talking down the price
4 check carfax to make sure you aint buying a dud
5.if trading in a car, dont tell them how much you want for it make them make you an offer and make sure its at least what kbb.com is at
6. tell them no u can do better and start walking out, if they want to sell a car they will reoffer
just make sure you get what you want for a trade in if your trading in, if buying used out right never give what they ask because it aint like its a new sticker price because they definetly paid thousands below for the car and some come from auctions and buy it even cheaper so talk them down that way. also just make sure you get a good interest rate based on your credit because some make money off interest and thats another way for them to make up for the money you think they nocked off. when you think your getting a great deal your really not. anyways have any other question email back because ive been exsperienced in used car sales and never have paid kbb.com price of what its worth for a car. i usely get cars a couple grand lower then blue book

2007-04-08 17:53:10 · answer #3 · answered by celicagts001 3 · 0 0

Here is the #1 car buying tip: make sure it runs!!!!!!!!!

2007-04-08 17:44:19 · answer #4 · answered by Big Nugget 2 · 0 0

Look at the price, fuel economy, build quality, reliability, and the most important, safety. If you have a budget, don't go over it. Get price quotes at edmunds.com.

2007-04-09 10:33:48 · answer #5 · answered by Drive PZEV! 5 · 0 0

Stick to your budget.

They may say, ""Only xxxx dollars a moth. ""
But xxx dollars a month will be due every month, without fail. Can you accept that??. Can you live with that???

If not, stop thinking about it right now!

2007-04-08 17:19:43 · answer #6 · answered by TedEx 7 · 0 0

Don't buy a chrysler and make sure you buy not lease.

2007-04-08 17:26:14 · answer #7 · answered by sbigtymers3 2 · 0 0

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