Tips Answers Guides

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1. 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.

2. FightingChance.com is a great site where you can find new car prices, dealer incentives and the best rebates. It has so much great information and car buying advice, that it is a must for anyone who wants to make considerable savings on the purchase of a new vehicle.

3. Christmas is a great time to purchase a new vehicle. This is because most people are out buying gifts at this time over year, and aren’t ususally in the market for a new car. Dealers compensate for the fall in custom by offering better deals as well as being more open to haggling prices down.

4. Between July and October is another great period to purchase a car. Dealerships are trying to get rid of older stock quickly so that they have space for the new models that are released.

5. Avoid being desperate to buy a vehicle. Dealers can smell desperation a mile off and will try to take advantage of the situation. Start searching for a new car before the one you have gives up the ghost. This way you still have transport while your are looking for the best deal possible.

6. 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.

7. 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.

8. Dealers may also ask you to re -sign finance papers, claiming that they have found you a better rate. Do not beleive them. It is an attempt to get your financial information. This gives them bargaining power. Get your credit report from equifax. It’s cost about $15, and could save you thousands.

9. Avoid trading in your vehicle if you still owe money on it. It is unlikely that dealers will pay the remaining money on time, so you could end up paying late fees to your lender. If you must trade it in then get a letter from the dealer stating that they will pay the balance within 10 days.

10. When buying a car you may find that to get all of the options you want the vehicle might have to be ordered from the manufacturer. The dealer will ask for a deposit. Avoid paying more than $500 and use a credit card if possible as this will protect you in any disputes should the dealer trying to charge you more at a later date claiming a price increase.

Tags: Vehicles