|
|
|
|
Three Steps To
Getting A Good Deal On A New Car
|
We’ve all heard the horror stories of car shopping. Someone who paid
too much for a new car because the dealer refused to negotiate. Another
person walking away with monthly payments higher than they could really
afford. Yet another person settling for a car that had way more features
than they wanted or needed because it was the only car on the lot.
While it’s true that finding and then negotiating for a new car can
be challenging, chances are that if you’re prepared before walking into
a car dealership, you’ll walk out with a better deal. Here are three
things that you can do to prepare yourself to get the absolute best
deal.
Research
You should know what type of car you’re interested in, and how much
it should cost before you ever walk into a dealership. The salespeople
are paid on a commission, and their objective is to get you to pay as
much as they can for your car. Your objective, of course, is just the
opposite! Begin by doing some online research to find out the going
rate of the car, and then check around in various dealerships. You should
know that the “sticker” price that is on the windshield of the car isn’t
the cost at all—but instead it is the starting price. You will be able
to negotiate between 10-20 percent off of that price.
Trade-In
If you have a car that you plan to trade in, don’t present it to the
dealer until after you’ve negotiated your best price. In addition, you
should be aware—after conducting a lot of research—how much your old
car is worth. Many times, dealers will try and pay a fraction of what
a trade-in is worth in order to increase the price of the new car. Once
you have done your research on the wholesale value of your car, stand
firm and don’t allow the salesperson to take advantage of you. If you
find that you can’t get as much trade-in value as you think you should,
be prepared to walk away from the deal, sell the car on your own, and
then return with the money to use as a down payment. This will take
some time, but you will come out financially better for it.
Financing
Be aware that the dealer offered financing isn’t always the best. It’s
important for you to compare the interest rates and terms with those
of a private lender, and then select whichever one will offer you the
best deal. In addition, look closely at how your down payment will affect
your loan balance and monthly payments. Remember, a 1 percent change
in your interest rate will not only affect your monthly payments, but
your overall loan balance as well! Finally, be sure that the dealer
hasn’t included any insurance or warranties in your loan balance that
you didn’t authorize, otherwise you could find yourself paying thousands
of dollars that you hadn’t intended to. Ask to see a complete listing
of all charges before you sign on the dotted line.
About The Author:
Peter Dobler is a veteran in the IT business. His passion for experimenting
with new internet marketing strategies leads him to explore new niche
markets.
Read more about his experience with credit and mortgages; visit
Credit
Score Information Directory
Other Credit And Real Estate Related Information
|
American Grant
Provider Directory
 The
Federal Government and Private Grant Foundations issue billions
of dollars in grant money to a variety of groups each year.
Grants are awarded to individuals each and every day from all
walks of life, with large and very small bank accounts, for
an ever-increasing array of purposes.
Grant programs are not Loans.
You decide how much you need. As long as the amount is lawful
and you meet the Foundations and Government Agencies Requirements,
the money is yours to keep and never needs to be repaid. This
grant money is non-taxable and interest-free!
Get more information
|
|
Do You Have
Bad Credit?
Don't give up!!
Our list of lenders and credit card
companies are willing to give you another shot. They realize
that good people can have bad credit.
Whether you have
had minor problems in the past or even bankruptcy, our lenders
are there to help you not only receive a loan, but also to re-establish
your credit.
Are you ready to
get your second chance?
Get more information
|
|
Mortgage Loan Tips
 "Excellent
for first time buyers, move-up buyers or refinancing. I cannot
recommend it highly enough - this should be required reading
for anyone who wants to get a loan."
M. Klinger, Real Estate Broker
Aventura, FL
Get more information
|
|
Credit Repair
- Erase Bad Credit Now!
 Are
you tired of Bad Credit? - High Interest Rates? Disapproved
Credit?
Use my experience today, and I will show you
how to get every negative item Removed from your Credit Reports
within 1-3 Months. Guaranteed!
Get more information
|
|
Credit Secrets
 "How
to Clean Up your Credit Report and Wipe All Your Credit Card
Debts in Record Time!"
Take a moment to imagine this...
On any given day you could be receiving new pre-approved credit
card offers in the mail, you could able to purchase a new home
without worrying about qualifying for a mortgage, financing
for automobiles and boats could be readily available to you,
and...you could have piece of mind knowing that should an emergency
arrive you would have the resources to take care of you and
your family.
Get more information
|
|
