Before you head down to the car dealership to buy a new car, be sure to read this article and get a better idea of how to get a great deal. After all, a car is quite large investment so being clued up on the process is the best way to bag a bargain. Fundamental in your approach, before you enter the dealership is to research; this cannot be stressed enough. Thankfully the internet has provided the car buyer with an inexhaustible resource of information on new cars, with reviews, safety ratings and fuel efficiency tables.
Researching the type of car you want is strongly advisable; in addition you should also research the prices of this car at a number of dealership websites. By obtaining quotes from a number of dealers you have ammunition when it comes to heading down the dealership. Having around three different quotes firmly in your head will help during the negotiation phase at the dealership. This is an advantage and in theory should prevent you from getting stung and paying over the odds for the car you want.
In recent years the process of buying a car has been made much easier, predominantly because of the encroachment of the internet into the industry. In the main there are two types of dealership websites on the internet; those who will sell you a car directly and those that will provide you with referral to many reputable dealers. Thankfully both will help you save money on your purchase. The more creditable dealership websites will be able to give you a full breakdown of the costs ensuring that you will not be stung when it comes to payment. Reputation is an all important aspect of buying a car online.
Here is a breakdown of the car buying process:
Your first task should be to look at a number of dealership websites and compare the prices of your chosen model. This way you will be able to judge whether you are getting a good or bad price. Make sure this research is thorough enough so that incorporates any added fees that may form part of the equation.
After judging fair prices on a variety of dealership sites request price quotes directly from the dealers. These quotes should come free of charge and give you an even better idea of the price you should be paying. Do not simply ask for the retail price of the car, it is of vital importance to have quotes that include all of the other charges that may be applicable to your purchase; these could include invoicing and extra taxes.
Not many of us have the luxury of being able to buy a new car outright from a dealership, subsequently credit or a loan will most probably be required on your part. It can be useful to get your own credit rating and have this handy when conversing with the dealer; this way it can be easier to negotiate a better APR than may have been possible without this added information.
You should also look into insurance quotes for your new car. There is little point in buying a car and finding that your insurance premium will be of equivalent value to the car itself. This is particularly true for younger drivers and those with points on their license as these often drive up annual insurance premiums. At the dealership they may offer a year's insurance with some models, it may be worth enquiring about these deals if your feel your premium will be an exorbitant amount of money.
Hopefully this article has given the car buyer some worthwhile advice to get a better deal and end up paying less for their new vehicle. The internet has certainly made buying cars easier so be sure to take advantage of this resource and grab yourself a bargain.
Motoring expert Thomas Pretty looks into ways to get a better deal at the car dealership when buying a new car.