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Go shopping! Tell them that you are looking to haggle over the cost of the car, not the monthly payments. In the end you will get what you want on your own terms. They are all generally the same. It shows that you are one step above the various scams that you will encounter.


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You will be told that the finance manager has to bring in a copy of the contract offer to his boss and he needs a deposit from you just to ensure that the boss will sign off on it. Dont buy into it. Go shopping! To calculate what your offer should be to the dealership, you should get the factory invoice price (dont forget to include the options in this price), and add 5% to that amount. Impulse buyers can often get sucked into the hot car of the moment and usually get taken for as much as ,000. Some Sales Scams As Ive said before, there are many ongoing scams that dealerships will throw at you in order to bank some extra money from you.

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The Buyers Folder

Whenever you are considering getting a new car, you should be sure to bring all of the information that will help you to get the best deal you can.

This will all be included in your folder. Here is a list of all of the information that you will want to include in your folder.
A copy of your credit report from www.Truecredit.com

New car purchase prices for the cars that you are considering from www.autousa.com

Accurate pricing data, rebates, tips and incentive from www.FightingChance.com

Credit pre-approval in writing from www.e-loan.com

Insurance quote that cover the coverage that you want on your loan

Used car blue book that has used car information and market values

Extended warranty quotes from www.warrantydirect.com

Current loan rates that are in your local paper

Bringing all this information with you will literally cut the legs out from under the dealer. It shows that you are one step above the various scams that you will encounter.