If you are in a position where you are financially able to afford to buy a new car, then there are some important tips you should be aware of before committing to any purchase. The very prospect of buying a new car can be both exciting and exhilarating, such that it is easy to get carried away with the process and make a hasty purchase, which you will later end up regretting. Here are several of the key tidbits of information which it will serve you well to read before handing over a cheque for a new car!
Visit More Than One Dealer
When buying a new car and entering the price negotiating process with any dealer, the best position you can be in is one where you aren’t desperate to quickly conclude the deal. In negotiations, it is usually the party that is willing, if necessary, to walk away from the deal that is able to negotiate the best outcome. Give yourself options by visiting more than one dealer in the area and finding at least three cars you would be happy to sign a deal on.
Don’t Get Tricked By Added Extras
A trick regularly employed by car dealers to make potential buyers feel like they are getting a great deal, is to add in bonuses to the deal. This could include any type of voucher, car cleaning tools or driving accessories. When deciding whether to purchase a new car, it is best if to try to largely ignore these freebies. The price and the terms for any new car must stand up to any value assessment before any extra items are added in.
Spend Time Negotiating
The sticker price you will see attached to the new car you would like to buy is never what you should actually pay. It should be seen as a starting point to begin negotiating the price. Read a couple of books on negotiating before you go to buy your new car and you may well be amazed at the size of discounts which are available for those who know how to bargain!