Car Buying Tips
If you are
looking to buy a car you should begin with these car tips:
1. You should purchase your new car at or around Christmas
time because with everybody buying their Christmas presents,
not many of them are looking to buy a new car, and it forces
dealerships to up their sales strategies.
Salesmen are more willing to haggle down to your prices to
close the deal.
2. You can also get a good deal from July to October because
that is the time of year when dealerships are trying to get
rid of their inventory to make way for the new models.
3. Purchasing a car online is becoming a great way to get
a new car. Just wait for good rebates and incentives online
and shop around.
Print out your information from the best quotes and bring
it to the dealer that you are most willing to work with.
Bringing in lower quotes from another company might be your
best bet in getting a good deal.
4. You should visit http://www.FightingChance.com if you are
hoping to find new car prices, dealer incentives, and the best
rebate offers.
This site is the first place that you should go for great
advice on buying a car. It’s even more informative than
the Kelley Blue guide. This program for buying new cars can
literally save you thousands of dollars.
5. A good place to start when going into a dealership is to
bring a copy of your credit score with you.
It can lower your interest rates on your car loan. Your car
dealer should not know more about you than you do.
6. You can avoid a common scam that dealerships pull. You
will often hear that your financing fell through and that you
have to respond by paying more money on your loan.
Don’t believe it. It’s another reason for you to
get a copy of your credit score.
7. Another common scam by dealership salesmen is for them
to tell you that they have found you a lower rate, but that
they want you to re-sign your loan papers.
Usually, that is a downright lie. Once they pull up your financing
information, they have the upper hand if you don’t know
the details about your credit information.
You can get a copy of your credit information online at http://www.equifax.com
for about $10-$15. It’s better to pay $15 now than thousands
later.
8. Don’t bring in a car for trade in if you still owe
money on it.
The dealership rarely pays the rest of the loan on time which
will result in you having to pay a great deal of late fees to
the bank.
If you do decide to bring a car in that you owe money on,
get it in writing from the dealership that they will pay the
balance on the car within 10 days.
9. Sometimes a dealership may not have all of your options
and must order the car directly from the dealership.
If this happens they will often ask you to pay $500-$1000
for a deposit on the car.
Try not to pay more than $500 and be sure to pay with a credit
card because sometimes the dealership will tell you that there
was a price increase on the vehicle and will want more money.
If you pay with a credit card you have room to dispute the
amount being taken from you. If you pay by check, you can just
consider the money gone.
10. You should never buy a car when you are in desperate need
for one because a dealer will see that and take advantage.
You should never wait until an old car is dead before searching
for a new one because you should give yourself time to shop
around for one and get the best deal possible. Desperation often
clouds your judgment.
Are you interested in finding used cars at government auctions?
Be sure to check this
resource out.
