Listen up, folks! We can all agree that finding an affordable brand-new car is like hitting the jackpot. If somehow this ends up being the case with you, you’ll probably feel like you’re on seventh heaven and we don’t blame you!
Maybe you’re a clever shopper or a master negotiator, or maybe, just maybe, you’re just lucky today’s best offer fell into your hands.
In either case, you saved a significant amount of money compared to what you would have paid had you bought at full price. What’s important is that you’re not completely out of pocket and that you were able to get what you needed.
What it’s important to note folks is that one of the most expensive things you’ll ever buy is a car. But how do you go about finding a decent bargain on a new (or used) vehicle? How do you determine if a price is reasonable? Are some deals simply “too good to be true”? Take a peek at this link https://www.quikcarbuyers.com.au/ to find out more!
Here’s what you need to do:
Compare different prices
First of all, folks, the price of the car is the first thing you need to figure out because it will help you find out if you’re getting a decent bargain. This is true for both brand-new and pre-owned automobiles. You may get a very good indication of where your bargain stands if you compare the price that’s been quoted to you with the price that you find by doing some comparison shopping.
These are the typical prices that individuals in your region have paid for cars that are comparable to the ones you are looking at. This indicates a disparity in prices, with some people having to pay more than others.
Don’t bargain based on monthly payments
You don’t have to be an experienced car buyer to know that you should haggle over the price of a new or used automobile just like any other major purchase. Of course you would want to land a sweet deal on a car that won’t break the bank.
Oh, and do you know what else folks? Never, ever try to bargain based on the size of the monthly payments. Why is this so?
Well, calculating the final price from the monthly payment alone can be quite challenging for a variety of reasons. In exchange for a lower monthly payment, you may be agreeing to an interest rate that is too high for your credit situation or making a down payment that is too large. Don’t go higher than the asking price.
Let them sell you
If you want to make sure you get the greatest deal out there, you may also try asking the seller or salesperson to name their price first. Never make the mistake of bringing up a price initially as the buyer. It forces the salesperson to lay their cards on the table and offers you an advantage in negotiations. Got ‘em! Awesome technique, right?
You should also avoid answering the question, “What are you looking to spend?” If you wait for the salesperson to make the initial offer, you’ll have a better sense of where to start haggling and you won’t put yourself in a sticky situation by offering to pay more than you should.
Here comes the fun part now. When they specify a price, counter with a lower offer and keep bargaining until you reach an agreement. Buying a car is a piece of cake if you know the right tips folks! Read more here.
Make a counteroffer, even if it’s only $2,000 lower. We’re here to tell you that it’s a good idea to shop around and see what other dealers are willing to give you for the identical car before settling on a final price. Oh, and do you know what else is an awesome buying strategy? You can get the best deal possible by pitting two dealers against each other.
If you can’t get the price you want, though, it’s okay to back out of the sale entirely. If you go into the negotiation with reasonable expectations, you should come out on top. You know what they say – there are plenty of fish in the sea! Of course, in this scenario, there are plenty of cars out there for you to test out and examine.
Moreover, we’d also like to point out that it’s possible to put too much pressure on the purchasing price. Some dealers, they say, may try to make up for their cheap prices on new vehicles by offering customers unnecessary extras like longer warranties or a lower trade-in value.
On the other hand, private sellers may ultimately decide they don’t want to sell you the automobile because they’re sick of fielding your calls. Keep in mind that at any time either party might choose to end the agreement.
Incentives and rebates
After figuring out how much a new and awesome car will cost you, it’s time to investigate financing options, including rebates and incentives.
Promotional offers such as cash rebates for customers, interest-free financing for a limited time, dealer cash (a secret incentive often paid to dealers by manufacturers to sell specific models off the lot), and lease deals all fall under this category.
It’s also a good idea to ask your company if they have any partnerships set up with any particular manufacturers or dealerships.
The good ol’ DMV
The DMV sets the prices for everything from documentation fees to taxes to registration when purchasing a used car. This aspect of the transaction must be taken care of at your state’s DMV office. Those costs are regulated at the state level, so you shouldn’t have to worry about paying more than necessary.
Service matters a lot
And lastly folks, how you’re approached by a car seller matters a lot. What’s the quality of the customer service like? Do you feel comfortable talking to the salesperson?
Have you found them to be helpful and friendly? Is there faith that the salesman will follow through on their promise to you? If that’s the case, you’ve got yourself a very nice deal to look forward to. If they don’t, you might want to look at other options.