Car Buying Tips For A Smart Shopper |
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Aubry Ann Maquiling
6 January 2013
Longtime car enthusiasts may already enjoy the process of acquiring a brand new car. But even them, they employ certain "precautionary" measures to ensure they will not be swayed to buy a car that is more expensive than it really is. Even when engaging on transitory acquisition of let's say a slightly used car with alloy wheel refurbishment, smart cay buyers will always try to be one step ahead of any clever dealer.
One potentially useful thing to remember when car shopping is almost all salesmen have quotas to meet at the end of every month. Naturally at the end of each month, salespersons who need to fulfill a quota would be more likely to give you a better price in order to make a sale. As a buyer, that could be a critical element you can use to your advantage.
Visiting an insurance agent in order to receive an estimated cost of coverage prior to buying your desired vehicle is also usually recommended. Chances are once you learn about the price you will pay on premiums of your desired car, you will reconsider instantly. It is then wise to explore your options and find the best possible price tag with the lowest, most affordable insurance rates.
If the salesman you are dealing with says he will present your offer to the manager, stop him. It is always better to have a counter offer ready. Only then should you wait to see what better offer they have to give you. Salespersons and even the manager want to close deals quickly. They will then more likely to offer the lowest price on the next round of negotiation.
Never walk into a car dealership dressed like a millionaire. You will find it difficult to get lowered price deal from a dealer with an expensive car if you look like you could own his entire business.
Study promotional incentives of a car on sale that is included in your purchase prospects. You must learn all you can about trade-in policies and corresponding values. Likewise you should find out the fees from financiers, car warranties and rebates. Since these will most probably be the main selling point of the dealer when you start negotiating, digging into their mechanics will then put you in a much better negotiating position.
It may be obvious but you must not forget that you should find a way of financing your new car before shopping. Do not take this for granted like some careless wealthy buyers do. You can do this through a local credit cooperative or with a bank. They often offer better interest rates than car dealerships. Once you are convinced you have find the most workable financing scheme, you'd have more space in acquiring the car that you have always wanted.
Purchasing a brand new car can indeed be remarkably tedious if you will just charge into a dealership carelessly without preparation. Like they say, knowledge is power. So whether you are purchasing only alloy wheel refurbished used car or an all-new released model, having the backup knowledge not just about the cars but also about how they are sold in the market will put you in a much better of position of acquiring the car that will rightly address your personal necessity and requirements.