Shopping for a car can be tough. Lots of people don’t know too much about cars, and others know too much so they feel like they aren’t getting their money’s worth. Use the tips that follow to make sure you get exactly what you want.
Get a loan approved before going to a dealership. Part of the reason it takes so long when you buy a car is that they must check your credit score and secure a lender. By securing an auto loan beforehand, you can streamline the process at the dealership.
Take care of financing before you get to the dealer. This can be done at either your credit union or bank. This will help obtain an interest rate you can agree with and a better understanding of your actual budget.
Do not pay sticker price for a vehicle. The list price is certainly not set in stone. Bring a friend that is a good negotiator if that is not your strong point. Do a little research on the market value of the type of vehicle you seek. Then you will know whether or not you are getting a good deal.
Take another person car shopping with you. This person can act as another set of ears, and they might be more reasonable about walking away from a deal if it isn’t in your best interest to accept it. You could take your buddy, a family member or a spouse.
When you are looking for a car, be sure to look at the safety features that are the most important. It is essential to have anti-lock brakes. In addition, the car should have multiple air bags. Safety is key, as you will spend a great deal of time riding in this car.
If you are not confident in your ability to resist high-pressure sales pitches, do not shop for a car alone. You can bring a family member or friend to help you with negotiations. Let your adviser know about your needs and budget before you set foot on a car lot.
Before you begin your car shopping journey, go to the bank and get pre-approved. Doing so is in your best interest. In many cases, the dealership can secure an acceptable interest rate than you might find at your bank. Still, it helps to have a clear picture of what you can expect to pay.
No matter what car you chose, test drive it first. While you may know which car you want, a test is imperative. Nothing can compare to hands-on experience. You might not like it as much as you thought you would.
Buy your car at month’s end. Most salespeople have some monthly quotas to meet and they might try generating more sales during the last week of the month to meet their quotas. The sales staff may be behind and need your sale to meet their goals.
Hopefully you know feel more prepared to get the car you want and deserve. Follow this advice when you are car shopping, and the task will be much easier. At the end of the day, you should feel happy with the purchase that you’ve made, and feel comfortable with the price that you’ve paid.