Many people fear the car buying experience, yet it is one most of us must endure. All the options and variables can be confusing. This article has wonderful advice from experts that can give you a better car shopping experience.
Before you leave to buy a car, you have to know certain things about what you need. What can you afford? How much room do you need for passengers in the car? What type of fuel economy are you interested in? Do you want a car with two or four doors? Write out your wish list, and take it to the dealership with you.
Figure out your financing before shopping for a car. Credit unions and banks are good options. This will help obtain an interest rate you can agree with and a better understanding of your actual budget.
Set aside a large block of time to spend at each dealership. You do not have to be rushed and go for a deal that is not good. Therefore, you should set aside a full afternoon to do your car shopping. If you are pressed for time, you should leave and return the following day.
If you aren’t confident you can resist high-pressure sale pitches, do not go car shopping alone. A friend can be brought along to help you figure out the worth of the car and ask questions that are important. Tell this person what you want and how much you can spend.
Remember that the vast majority of salespeople must meet quotas either weekly or monthly. Take advantage of car shopping at the end of a month. The sales staff will want to sell you a car to meet their goals. This allows you a little bit more wiggle room in your price negotiations.
You should be aware of what you can afford first and foremost. You must know just how much you can afford to spend. Discover exacly how much you intend to spend on a monthly note. Try to find your loan before finding a car.
Don’t give your SSN out too early. A lot of dealers attempt to get that number right away, and you can mess with your credit score that way. If you decide not to purchase there, having your credit run by multiple dealerships can hurt your chances of getting the best deal. Wait until you have a sure deal before you fill out the part of the application that requires the Social Security number.
Don’t divulge your trade-in car immediately. Don’t disclose that you have a vehicle to trade in until you’ve negotiated a firm price for the new car you will be purchasing. If you wait until after the price negotiations, you will actually get the value of your trade-in.
When purchasing a used car, always do your homework. There are sources on the Internet that will tell you what a car is worth. NADA and Kelly Blue Book are useful in finding out the value of your car. If the dealer sells for too much, try to find an alternative dealership.
If you have a certain model in mind, call to see if there is one on the dealer’s lot. Once you walk through a dealership’s doors, they will try to sell you anything and everything, even if it isn’t what you are really interested in. If you want something that they do not carry, you will waste your time. Call ahead and find out what the story is.
It takes some work to get the ideal car at the right price. Going in knowing a few things will help you out. Keep this information in mind as you shop. You may surprise yourself.