Friday, January 23, 2009

Getting The Best Price For Your Car

In 1957, a ford Fairlane cost about $1900.00 and that was with all the “trimmings” as ole Uncle Ernie explains in the video. Today, who knew we would be paying over $20,000 for a mid size car today. (Which is what the average house cost in 1957) This is no small investment, and you want to do everything possible to ensure you get the best deal. Never make a fast decision. If you are completely without
A car, rent a vehicle until you find the right car, or consider the bus system. If your local bus system is like mine, this could be a scary thought, but may help reduce the pressure to buy too quickly. When you rush a purchase, you usually end up with something that you absolutely hate and will be stuck with. Using the Internet, you can discover the typical retail cost of a specific make and model, and with a little digging, you can find out the wholesale cost as well. Take the information you have found and. drive down to your local dealership and ask for the Fleet Manager. It is not realistic to expect to get your new car at or below dealer cost. It would be nice, but they need to make some profit, and you need to feel you paid a fair price, so some compromise is needed. It is fair to negotiate to a price that's $300-$500 above dealer cost or about 20% off the sticker price before rebates.

If the only cars on the lot have expensive options you don't care for, you might want to order a car to your specifications. You might wait a bit, but will save money on options you don't need. If you can’t deal with your local dealer the car or truck you want can be drop-shipped to your local dealership at no cost to you. For more information on that contact me HEREyou may have heard the advice to shop the last day of the month for better deals. It's true that you might get a better deal from a salesman then, but it’s not carved in stone. As far as trade-ins go, do your internet research here, too as knowing the value of your old car makes it easier to negotiate a better price for it. Try not to talk about a trade-in possibility until you get a purchase price. Be mindful of your market area, this may be hard to believe but sometime the internet is wrong on car values. Sometimes a rental company will dump a whole lot of vehicles into your market area. If that happens to be the same make you are looking to trade in you can expect to get less for it because of that supply and demand thing in your area.

You may want to advertise your older car and sell it privately. Typically you can get a better price this way, but it may take a little time. And you may have to deal with a lot of tire kickers.An extended warranty will likely be brought into the negotiation. There is consumer information out there that discourages buying an extra contract on a new car, as it's not likely a problem will occur during the first months of use. You may want to look at how many miles you drive in a year and see if it makes sense to you to purchase an extended warranty.Whatever you do, always read the fine print of any contract before signing it. Ask a lot questions about what certain phrases mean if you don’t understand something. I have been in the car business a long time. 99% of my career has been in fleet sales. If you have any questions about purchasing a new vehicle, feel free to contact me. Or go to http://www.Ultimate AutoAdvisor.com

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