Buying a new car can be hard. Without the right approach, it can be an intimidating process and you might end up paying more than you should. However, with a little guidance, you can find the right car for you at the right price. Here are the top tips and tricks for buying a new car.
Research before you buy
How do you know which car is best for you? With the wealth of automobile information on the internet, there’s no excuse not to know exactly what you want to buy and how much you want to pay. You can narrow your purchase down to details such as color and added options and you can see what everyone else is paying for it. You can also research the pros and cons of buying new or used or what type of financing you’d like. Information is power and the more info you have, the more confident you’ll be when the time comes to buy.
As stated earlier, the internet is your friend when it comes to research. Look up expert and consumer reviews on the cars you like. You can also research car dealerships to find the best deals and the best customer service. Your friends and family are also a great resource, or just get out there personally visit different dealership and talk to them face to face.
Buy year end models
Timing is everything and buying a car at the right time can pay off. It can actually save hundreds or thousands of dollars. Knowing the right time to buy a car means understanding how the car industry operates and best time is at the end of the car model year. This is because dealers are always trying to meet their sales target for the year. As a result, they are likely to offer great discounts. This is great strategy if you want to save on money. However, it’s not a guarantee that you’ll always get the best discounts on all new car models.
Get the most out of the test drive
Buying a car without taking it on a test drive is like getting married before going the first date. You just have to get up close and personal with the car before you can purchase it; and the only you can achieve that is by taking it on a test drive. Before and during the test drive, do the following:
· Check for accessibility of the battery and the oil dipstick.
· Ensure that passengers can enter and exit the car comfortably without banging their heads.
· How comfortable are the seats?
· Check if the cargo space will suit your needs.
· Check for visibility from the driver’s seat.
· Check the responsiveness of the steering wheel. What about the brakes?
These are just a few of the issues you need to understand before you can make a decision to buy a new car.
The negotiating power
If there is one thing that buyers have over the sellers, it is their negotiating power. While you may not hold all the cards, you hold most of them because at the end of the day, dealers are looking to increase their sales. Here are a few negotiating tips you can use to your advantage.
· Bring a friend along with you.
· If the salesman doesn’t appear to accept your offer, walk away. You may be surprised when he calls you back before your halfway to the parking lot.
· Wrap up the negotiation quickly. Don’t take more than half an hour negotiating on a car.
· Don’t negotiate based on the monthly payment.
Finance options
If you have a good credit rating, check with the manufacturer on the different finance incentives offered. However, it is important to be wary of interest free financing options offered by car dealers as these may translate to higher monthly payments. Don’t be in a rush to buy a car. Give yourself time to weigh different options offered by different retailers. In addition, you need to assess the warranties provided for different cars as well as the insurance rates.
Buying a car can be a daunting experience. But with the above tips and tricks, it’s fairly easy to turn this into one of the exciting experiences. For more information on tips and tricks of buying a new car, experts at Winter Park car wash will be happy to help.
