Purchasing new car is hard enough without having to deal with the sales pressure from a car salesman. It’s no big secret that almost every car dealer can be talked down on the initial price thay want for a car.
So if you decide to buy new car, we’ll help you determine what kind of cars is right for you and how best to negotiate a car purchase. Before you head out to the car showrooms with your checkbook in hand, evaluate your reasons for buying a new car. Find out the base price of each car you are interested in. The more you know about the actual cost of, the less you will have pay for it.
Before entering the dealership
Before you step foot on a dealership lot, there are several things you need to think about, including what type of vehicle you can afford, what type of car is right for you, whether you should lease or buy, and what your credit history consists of.
Once you decide on type of car you need it is time to do your research to narrow down the choices. A number resources on this site can provide you comparison information rating the vehicles within specific categories. Compare such areas as safety, reliability, fuel economy, warranties, operating costs, theft rates, general features, and options when making you decision.
Getting ready to buy new car
Do your homework first and make much wiser decision before you buy new car. To determine ahead how much negotiating room you have on basic cars and extra options, draw up awork sheet for each type of new car you considering. Using updated price lists available from above sites, write down the dealer’s cost and list price, for the particular make, model and trim line.
For each car, list the options you want, describing them with the invoice number. Also before you decided to buy new car, write down the dealer’s cost and the list price. Look up the destination charges for that car, and include this in both the dealer’s cost and the list price, since there is no murkup. The destination charge is the cost the dealer pays to get the new car to the dealership.
Now compare the dealer’s cost and the list price for that car. The difference is your negotiating room. Do the same thing with each of the options. You may be able to negotiate on individual options before you buy new car.
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If you are considering whether to buy or perhaps lease your next car and which would afford you the best deal, most consumer experts agree that from a purely financial aspect you will be better off in buying your next car.
Of course paying cash in full is the best possible scenario since with this option you would avoid any type of finance charge. But for the vast majority of us and for the scope of this article well take a look those purchases or leases that involve financing.
In the short term leasing may look attractive to you because monthly lease payments will more than likely be less than the monthly payments of a purchase agreement. Why? Because with a lease you are essentially only paying for the part of the car you are going to use. Its kind of like splitting the cost of a pizza with someone. You are only paying for the pieces that you are going to eat. In car terminology the part that is left over in a lease is called the residual value of the car. The higher the residual value of the car the less of the car you will use during the lease so you payments for the part that you do use (the lease) will be lower.
Typically lease durations are 24, 36, or 48 months. Do not sign up for a lease beyond 48 months. Actually anything beyond 36 months is pushing the value of the lease. Dont let the car salesman get you into a longer lease just because they make your monthly payments look more attractive. Remember time costs you money and the cars residual value will plummet and you loose all the advantages of leasing and still be left with nothing in the end.
For some drivers the car buying decision isnt based purely on bottom line numbers. And this is fine. Its strictly personal. Leasing does afford you the ability to always be driving a new car. A car that is within a few years of the latest body style and technology. A car that is always under the factory warranty. For the person that has accepted the fact that they enjoy being in a newer car and that car payments is just another monthly expense, then why not get the most car for the money? Then leasing could be a good alternative.
If this is your personal preference the other two questions you must answer are how many miles a year do I drive and how hard on cars am I? The mileage question can really come back to haunt you if you are not careful. People who are in new cars and thus enjoy driving them and showing them off more will have a tendency to drive them more. Be very careful with you mileage. Going over your allotted mileage on your lease could end up costing anywhere from 15 to 30 cents per mile beyond the lease mileage allowance and this can get painful in a hurry. In most leases you can purchase additional mileage up front at the time of the lease but keep in mind if at the end of your lease you havent used all of your miles, you dont get that money refunded back to you.
I mentioned a bit earlier you need to consider how well you treat your cars. Only you will know this and you need to be honest with this one. Dont think that you can turn your lease car in at the end of the lease with the car in sub par condition. If you do, you may be assessed reconditioning fees that could become rather hefty.
In summary, from a purely financial perspective buying your next new car is the best over the long haul. But, car with car ownership, so much personal preference, and personal priorities come into play. If you think leases look attractive, be absolutely certain about your mileage you will drive. Take good care of the car. And finally check with your insurance agent first to make sure that you dont give back the money you save in monthly payments to your insurance company.
Tags: Body Style, Bottom Line, Buying Versus Leasing A Car, Car Buying, Car Payments, Car Salesman, Factory Warranty, Finance Charge, Financial Aspect, Lease Payments, Leases, Leasing A Car, Line Numbers, New Car, Personal Leasing, Pizza, Purchase Agreement, Residual Value, Short Term Leasing, Time CostsRelated posts
Doctor Let’s the Cat Out of the Bag on Buying Cars 60% Off
World famous Dr Suzanne Gudakunst has just released her biggest “shocker!” ever …
–> Her Secret to buying expensive cars for as
little as $300 a month!
Dr Suzanne made it big on both TV and now the Web – but what most people don’t know is that she routinely buys exotic and luxury cars for as little as 50% of what car dealers force everyone else to pay.
She is able to do this because she discovered something NO car salesman ever wants you to find out about!
This Secret is so powerful, yet involves doing just 1-3 things (usually) that will allow you to get ANY CAR you want (including normal day-to-day average cars you see on the highway, to even the most expensive exotic cars such as Lamborghinis and Rolls-Royces!)
Most recently Dr Suzanne herself used her own secret to buy over $1 million worth of cars, but where she saved $700,000 using her amazing new breakthrough secret (so she paid just $300,000 and got 6 very pricey cars worth $1 million – and each one was brand new and this year’s model!)
But you DON’T have to be looking to buy these top and most expensive cars – but can use her secret to buy any car – even a middle-class Sudan or family vehicle.
So, at this point it’s only fair to ask:
“How did Dr Suzanne discover this?”
Simple really …
Although very rich (Dr Suzanne makes over $45,000 a day online alone) Dr Suzanne is the kind of gal who doesn’t believe in paying “extra” if you don’t have to.
One day while shopping around for her first Bentley Rolls-Royce, she got “mixed feelings” from the car salesman trying to sell her the car.
She felt that he wasn’t telling her the truth (a kind of “sixth-sense” sort of thing).
So she began compulsively investigating all the deals she could possibly find elsewhere and online, and in the process she started to see a clear pattern:
–> People are being lied to and cheated out of
$10,000’s each and every time they buy even
a single car!
Dr Suzanne then got really “ticked off” and this drove her to an even DEEPER investigation far, far further until she had a stack of facts, figures and even methods that allowed her to get one over on the car dealerships (for a well-deserved change!)
Being a doctor and scientist, naturally Dr Suzanne wanted to put her “New Discovery” to the ultimate test:
* * * A real “live” case! * * *
So she went out and applied her new found “Secret” only to discover that she could get a Rolls-Royce for as little as $600 a month, and a Lamborghini for as little as $1,160 a month!
She also found that she could get the prices on these same kinds of cars reduced by as much as 30%, 50% or even by as much as 90% (or even more!)
Then she decided to see if this same “Secret” could work for what most people considered “normal cars.”
And guess what: * * * The SAME Secret held TRUE! * * *
Dr Suzanne was now armed with what is now considered by experts at below wholesale buying to be the “Greatest Car Buying Secret” ever discovered!
So powerful and amazing it PROVED in her own life that she decided to share it with several close friends to see if they too could apply it successfully.
And the SAME THING resulted!
One good and close personal friend of Dr Suzanne’s is another Internet Multi-Millionaire (name withheld for privacy reasons) and who wanted to buy a brand new Lamborghini Murcielago which usually costs $412,700* (*this year’s model).
After applying Dr Suzanne’s secret he was able to get it for:
o NO Money down!
o and just $1,300/month!
Yeah, yeah & I know, I know & these people are already rich & so why should they get to use the advantages of her secret, right?
The fact is: Regardless of how much you make (or like most of us, how little!) it doesn’t matter.
As they say “a penny saved is a penny earned,” so imagine saving $250,000 on a super exotic car (which means $250,000 earned!)
Or, for the rest of us, what if you saved:
o $15,000 on your next car purchase, Or &
o $400 a month on payments
These savings quickly add up (and again, BLANK amount saved means BLANK amount earned, regardless of what you put in the BLANKS, right?)
So, if after reading this email you STILL insist on being an “idiot” and paying FULL Price when you no longer ever have to, then fine, leave all the biggest savings to the few of us who are smart enough to grab up Dr Suzanne’s “Top Secret Car Secret!”
Oh, and by the way, with the few of us doing so, the car salesmen will have to screw someone else out of all the money that they are losing to us, so that means “YOU” will be their next victim.
… Unless of course you happen to have a COPY of Dr Suzanne’s “Top Secret Car Secret” like we do!
Tags: 1 Million, 3 Things, Bentley, Breakthrough, Buying Cars, Car Dealers, Car Salesman, Cat, Dr Suzanne, Exotic Cars, Expensive Cars, Lamborghinis, Luxury Cars, Middle Class, Mixed Feelings, Rolls Royce, Rolls Royces, Shocker, Sixth Sense, SudanRelated posts
Is it time for a new car? Depending on where youre located, it may be possible for you to save a substantial amount of time and money by researching and buying your new car online. Buying cars online is becoming just as normal as buying household items online. The internet is truly expanding to make it easier and cheaper for dealers to sell and buyers to buy.
Dealers love the concept; they get more visitors than the average walk in neighborhood dealership and dont necessarily have 8 car sales people sitting around reading the paper. Their overhead drops significantly while the sales and profits soar through the roof. Consumers are starting to get more comfortable with it because a high percentage of car shoppers hate the car dealership experience. But online they can get the answers many of us are afraid to ask when were sitting in front of a pushy car salesman.
In some countries such as the United Kingdom, an increasing number of people are choosing to cut out shady dealerships and buy their new auto on the internet. Now you have the luxury to shop online and take your time understanding what vehicle and what price you want. As long as you choose a reputable source, its possible to save a substantial chunk of money by purchasing your new car online.
Remember, when you buy online you cannot test out the car youre interested in..so only choose to buy online once youve driven the car (try it out at a dealership first). Even when buying online you should still do your homework and know the car you’re getting and the price it’s worth. Learn about the car you like before a dealer decides what they want you to buy, which is the car that makes them more commission, keep the ball in your court.
Use price guides such as Edmunds or Kelley Blue Book to find out the true value of the car youre buying. This will make sure youre not paying more then normal prices for your new or used car. A little homework will give you some confidence and most probably save you some cash.
Many online sites for car purchases work by local dealers offering you free price quotes (these can often be negotiated downwards). These sites are growing larger by the month and are being considered more and more by consumers in North America. Popular sites like Auto Trader which we took as a manual search from their catalogues at the store are now really building their online presence. Other sites like CarsDirect.com, CarMax.com and CarPrice.com are also starting to see sales rise.
Some sites will even offer a lowest price guarantee – so if you do find the car for less, theyll match the price. Additionally, some online car buying sites will even drive the car directly to your home. If you’re in the market for a new car and really don’t like the whole dealership experience, this just might be what you’re looking for.
Serious ease and convenience not to mention you can save thousands of dollars this way. But best of all, no hard sell.
Tags: Amount Of Time, Buying Cars, Car Dealership, Car Sales, Car Salesman, Car Shoppers, Confidence, Dealership Experience, Edmunds, Homework, Household Items, Kelley Blue Book, New Auto, New Car, New Cars, Profits, Reputable Source, Substantial Chunk, Time And Money, True ValueRelated posts
Buying a new car is a major purchase with major amounts of money leaving your pocket. Ask an honest car salesman and he will tell you that he is trying to get his potential customers to buy something they dont really need. Ask a dishonest salesman and he wont tell you why. That about sums it up plus it opens the door for all kinds of scam artists to try to use tricks to get you to buy a new car. Arm yourself with all the information you can when buying a new car. Here are some tips:
There are some classic scams that car salespeople use to get you to sign the dotted line on a sales contract. Get on the internet and see what these scams are. Car salespeople are probably the most persuasive type of salesmen/women (most tend to be men) that you will come across. It is very tempting to give into their hype.
Dont be afraid to say No.
If there is ONE thing you dont like about a car dont buy it. That one thing will bug you down the road as you make those expensive car payments and the honeymoon has worn off. Often, people find the need to purchase another car than keep mending the current one, because of their poor decision making when purchasing the existing one.
Dont give the salesperson a feel for what you like and dont like. Dont get too personal with the salesperson. Scam and con artists are skilled at getting into you head and detecting something you have an emotional or preference stake in. Keep focused on buying a car and try to avoid the small talk with the salesperson.
How much is that car really going to cost you in terms of maintenance, insurance, and fuel? There are web sites where you can get this information. Another bit of knowledge to arm yourself with is knowing how much that car loan is going to cost you in terms of interest.
Check your credit report and correct any errors that may be there. It will help to get your loan approved faster.
Read reviews on various cars and educate yourself before going to the car lot. The internet has a wealth of information resources for buying new cars.
Today, there are many places where you can purchase a car. There are classifieds in your local newspapers, local car dealerships, car magazines, the internet, with a huge array of sites, also offers many great deals. Ebay is also an increasingly popular destination to find cars and not necessarily just to from it. Ebay can also be used for researching the car you are looking to buy. You can use it to gain an idea of how much cars in general go for based on your specifications and conditions. There are many, many new listings every hour that you can browse through to help find your new car.
Tags: Buying A New Car, Car Loan, Car Lot, Car Payments, Car Salesman, Car Salespeople, Con Artists, Decision Making, Dotted Line, Expensive Car, Honeymoon, Hype, Maintenance Insurance, Poor Decision, Sales Contract, Salesmen, Salesperson, Scam Artists, Scams, StakeRelated posts
So your ready to take the plunge and buy a new car? Here’s a little guide to help get you through the process.
Know your credit score. The higher your credit score is, the lower your monthly car payment will be. You can obtain a free credit report by writing a credit bureau, or just do a search online , there are plenty of websites offering a free credit report.
Get an auto insurance quote. After you have narrowed down your choice of your new car’s make and model, get a free insurance quote. You should make sure your insurance payment fits into your budget. It’s a wise decision to get quotes from multiple insurance carriers , to nail down the best possible rate. Also, if you have enough money saved up, you can pay the policy in full, to get a discount, instead of making monthly payments.
Now its time to visit the dealer. Car salesman are fast talkers, make sure your in the right frame of mind to deal with them. They make a living off commissions, so they try very hard to make a sale. While you can admire their eagerness , they can be annoying. Just ask politely for the facts. What are the standard options, warranty info, gas mileage, and anything else you want to know about the car.
Haggling. Trying to haggle over a new car’s price is like an art form. While sales people would love to make a sale, and haggle with you, they have to answer to a higher power. Usually they are tough to budge on getting a great deal. It also depends how the dealership is doing at the time, if its a slow month or quarter, they may bend a bit more.
However, this is one method I tried , and it did work for me once.
I just told them I would pay x-amount, nothing more, and to give me a call if they can meet my price. About five days later, they did call me back.
Tags: Art Form, Auto Insurance Quote, Car Payment, Car Salesman, Credit Bureau, Credit Score, Dealer Car, Eagerness, Enough Money, Frame Of Mind, Free Credit Report, Free Insurance Quote, Gas Mileage, Insurance Carriers, Insurance Payment, Mileage, New Car, Plunge, Tips For Buying A Car, Wise Decision