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Shopping

Top 5 Car Dealership Negotiation Tips

When it comes time to purchase a car, you need to have the negotiating power to take down the asking price and fit in a good compromise with the dealer if you need financing. The key is to not pay a big premium when it comes to the down payment and you need to push the APR down to near zero. When it comes down to it, a dealer will be getting your money regardless, but it is a question of how much. Do you want to drive away with the vehicle of your dreams or do you want to drive away with a sour feeling of regret. Here are the top five car dealership negotiation tips.

Have a solid budget all lined up. Having a budget in place will keep you within a certain price range. With a budget, you can reduce the risk of a car dealer pressuring you into a price range you can’t afford. Also, you want to have a budget on your monthly payments as well, because if you don’t consider interest, the car dealer could raise the APR to make up for any “deal” he or she gives you.

Make sure to do your research. The more research you have, the better equipped you will be to counter any false claims. Plus, it will give you a huge leg up when it comes to being able to argue or haggle down a price. Even when it comes to after market add-ons, you want to be able to show the dealer that you can simply go to In Sixth Gear (ISG) to get all the add-ons you need. That way you can get a more fully equipped vehicle for much less money.

October 23, 2013

Shopping

Essential Versus Luxury Car Features – Which Do You Really Need?

Are you in the market for a new car? If so, you might have your eye on one of the luxury vehicles that are on the market and if so, who could blame you? Aside from how attractive they are, there are so many features that they have that make driving a true pleasure.

However, if your budget is saying that you can’t really afford a luxury vehicle, the good news is that that there are some “luxury features” that you can request in a car that retails for far less money; features that will not just make you feel like you are living among the rich and famous, but will prove to be ones that you actually do need.

So what kind of essential luxury car features should you look for in a standard automobile? We’re so glad that you asked:

Leather seats. There are very few luxury cars that you’re going to see that do not have leather seats. Although they do make a car look quite expensive, there are some practical reasons for why manufacturers put leather in certain cars. Leather is comfortable, durable, it’s easy to clean, it doesn’t trap odor into the fabric and it’s great for individuals with allergies because things like dust, dirt and particles do not penetrate the fabric.

March 15, 2013

Shopping

5 Tips For Negotiating The Cost Of A New Car

There are very few things that are as stressful and exciting all at the same time as buying a new car. It’s a huge investment, and there are so many ways for it to go wrong. But it’s something you’ve probably coveted for quite some time, and will now get to enjoy for years to come. Your car is your freedom, your ability to get to and from your job, your mobile entertainment and your status symbol. With everything rolled up in one you might be willing to pay any price for the vehicle that steals your heart. But wiser heads must prevail, as you’ll want to save as much money as humanly possible during the purchase. Of course the dealership is looking to get whatever they can from you, so you’ll have to come prepared if you don’t want to get fleeced. As long as you remain calm and think logically you’ll be fine. Here are five tips for negotiating the cost of a new car.

First off, do your research before you walk on the lot. Once you get to the dealership it’s very tough to leave without a car. You’ll be test driving the beauty you’ve had your eye on, and the salesperson is well trained to get you to pull the trigger that very day. So take the time to research the vehicle you’d like to buy well in advance. Understand how the various add-ons and special features shape the price. Also make sure you’ve looked at a number of different dealerships. You should know quite well what the car costs, and what deals you could get in other places in order to successfully negotiate.

February 25, 2013

Shopping

Tips For Avoiding A Lemon When Shopping For A Used Car

If you’re someone who is serious about being financially responsible and you listen to the advice of finance experts like Dave Ramsey, then you are probably someone who is a bigger fan of used cars than new ones. After all, a new car can depreciate as much as 20 percent within your first year of owning it. Plus, paying a monthly note while still being responsible for the car’s upkeep can be a bit taxing on your budget.

Still, it doesn’t make sense to spend a few thousand dollars on a used car if you’re only going to have to pour a few thousand dollars more into it due to the fact that you purchased a lemon. That’s what we’re here to help you to avoid. Below, we have three tips that are sure to keep you from getting a used car that will put a sour expression on your face.

“Website Shop” Around

When you’re online shopping, especially when you’re shopping for a used vehicle, you don’t want to do it impulsively. From Cars.com to Craigslist.org (and oh so many websites in between), there are a wealth of used automobiles at your disposal. As you’re perusing, just make sure you have a good idea of the make and model that you’d like along with the amount of money that you have to work with. For instance, say that you want a 2001 Honda Accord. If you’re patient, there’s a pretty good chance that you’ll find several within a fairly wide price range.

February 5, 2013

General

5 Car Depreciation Facts You Should Know

You’ve no doubt heard that a new car loses thousands of dollars in value the moment you drive it off the lot. In fact, it is rumored that the loss could be as much as a third of overall value. This may not be quite accurate, but once you sign on the dotted line and take ownership of the vehicle, there’s no denying that it automatically becomes worth a little less (because it can only be resold with the caveat that it’s had a previous owner). So before you go into debt to purchase a new car, you might want to consider that there are other options (certified pre-owned vehicles, for example). And knowing the facts about depreciation could just help you to make an informed decision. Here are a few tidbits you might not be aware of.

Accidents are a major cause of depreciation. When it comes to accidents, most people seem to be under the impression that as long as there is no frame damage and their vehicle is restored to original condition they won’t see any additional depreciation. Sadly, this is not true, especially with websites like Carfax that let anyone see your car’s history. The truth is that if all things are equal, a car that has a clean history is going to be worth more when it comes to resale.

January 29, 2013

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