Tips for Buying a New Car
There are several tips for buying a new car that you might not be aware of. Obviously you’ll want to do your research up front, checking out prices and specs online, but when you actually get to the dealership, what should you do? Check out our not-so-obvious tips below.
View Multiple Cars
The first tip is to make sure that you look at all of the cars on the lot even when you already know what you are looking for in a new car. If you only look at one car, then it is going to show the sales person just how interested you are in the car. This is something that they are going to use as leverage against you when it comes to negotiating the price of the car. You want to appear not to be too eager to buy a car.
What to Wear
The second tip is to make sure that you don’t overdress for buying a car. It is not a good idea to dress professional when you go to look at a car. This is because the salesperson is going to think that you have more money than you do. Therefore, they are not going to be very willing to negotiate with you. It is better to wear something that you are going to be comfortable in like gym clothes, shorts, flip flops, and your favorite shirt. Whatever it shows that you don’t have a lot of money.
Bring a Friend
The third one of the tips for buying a new car is to take a friend with you. This can be your best friend, parent, or spouse. This is the person that is going to be able to calm you down when you are trying to negotiate the price of the car. It is going to be a lot harder buying something that you cannot afford if you have someone over your shoulder. It is also a good idea to take the friend when you do on the test drive of the car so that they can tell if something is wrong.
The fourth tip is to check other places besides the dealership when it comes to financing the new car. It is important to remember that the dealership is not a bank. Therefore, it might be a good idea to check an auto lender and go through the process before you go to the dealership. You should know that no matter how much the loan is, the dealership is going to add a little more to it, so that they are going to get some type of compensation before the sell of the car to you.
Know Your Limits
The fifth tip is to make sure that before you go the dealership that you know the maximum amount of money that you are going to be able to afford to spend on the new car. It is very important that you stick to this amount no matter what the dealership tries to sell you. This means that you are going to need to promise yourself that you are not going to spend anymore money than that. Therefore, you are going to be more prepared to buy the car of your dreams without paying more than you wanted to on it.
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