10 Used Car Buying Tips
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Buying Used Cars
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If you have ever wanted to get your moneys worth out of buying a car, then this will be your comprehensive guide to getting through all of the bull and getting a car at a good price. The dealer can then charge you 00 more in finance fees and up your monthly payments by . Many people dont even realize that they purchased the extras until its too late. You dont have worry about it anymore because this guide will teach how to avoid that very problem. In the end you will get what you want on your own terms. I can guarantee that this will not be the case.
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If you want to save money while you are negotiating you should negotiate from the dealer cost up and not from the MSRP down. Most of the time it is the buyer that leaves unsatisfied. You learned by researching that there is a 0 factory to dealer incentive; and a 7 holdback on the MSRP (2%). 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. The dealership will also give you far less then the car is worth on the trade off.
Description Your price Dealers costs
Rust proofing 0
Extended warranty 00 0
Scotch guard 0
Car alarm 0 0
Paint sealant 0
Credit/insurance costs 0
Detailing and pin striping 9
Total of extras 99 5
Extra monthly payment total What You Should Never Do
There are many things that you dont want to see a dealership do to you as a buyer, but there are some things that you should not do as well, if you dont want to alienate the dealer.
Here is a list of donts that you should abide by if you are really looking to get a good deal.
Dont try to pull one over on the dealer by lying about the condition of your trade in vehicle. It is just a lie that you cant get away with, and could cause many cost increases later.
Dont bother looking for a car if you have had a recent bankruptcy because you will not get approved anyway.
Dont give the dealership a deposit and then try to take it back for no reason because you should have researched the car before making the purchase. You can also lose money on the return.
Dont bother lying about your debt load and credit rating because they will check it anyway.
Dont offer any money for a car unless you already know the dealer cost because you are setting yourself up to get ripped off.
As you can see, these extras will get you in the end. If you can, you should avoid them all together. They are worth far more to the dealer than they are to you.
By now, you should know all of the things that you need to know in order to buy your new car with the least amount of burden, and you have learned to avoid the common scams pulled by dealerships. This is the only guide that you will ever need when you get ready to buy a car.
Youve learned:
The various tricks
Advertising tricks and misleading marketing
How to get the best price
How to negotiate your opening offer
How to negotiate
How to calculate your opening offer
What the difference is between the factory invoice and MSRP sticker
If you have read this all the way through, then you need not worry. All of the advice listed here will save you a great deal of time and money.
You are now fully prepared to get your new car.
So what are you waiting for? Go shopping!