Posts Tagged ‘ car dealers ’

How to Save Money Buying a Car – New or Used

Do you want to save money when you buy a car? Don’t go out to a dealer, at least not right away. First do some homework, get the information you need–then head out looking for cars.

You’ve heard it said, “knowledge is power”, and no where is that more true than when it comes to buying a car. Here’s the main point: you’ll be going into a car dealership that not only has the cars you’re interested in, but it’s also a place that’s filled with people who generally have more knowledge about their vehicles than you do. From a financial standpoint, that’s a disaster waiting to happen. The greater the knowledge gap, the more likely it is that you will pay too much for what ever you buy.

How do you get the information on the car you want to buy? In the old days, you probably had to hook up with a “car guy”—one of those people who seems to possess an almost supernatural understanding of all things automotive. But today we have the internet, and that’s really leveled the playing field. There are websites dedicated to providing not only free information about all kinds of cars, but even the best car dealers to buy from!

That last point shouldn’t be taken lightly either. There are different kinds of dealers—independent or franchised—and there are also car supermarkets. Which one you work with will have an impact on the deal you get on the car you buy.

Finding the best deals on new cars

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Never Lock Yourself into Working With One Car Dealer

By Kevin M

Have you ever decided to buy something—furniture, an appliance, even clothing—but walked out of the store thinking “I can get that same item in another store for less”?

Why is it then that so often we don’t shop around when buying a car? I can think of a few valid sounding reasons:

  • We don’t feel qualified to make the purchase so we throw ourselves on the mercy of the dealer
  • We think, “it’s the same car; all dealers charge mostly the same price”—then hope we’re right!
  • We’re overwhelmed and thankful for anyone who will step in and make it easy for us
  • Your friend Fred bought his car at this dealership and they took care of him, so they’ll take care of you
  • You need a car now and don’t have time to shop
  • You just want to get it over with so you can get on with your life

Now at a given time and place each of these may satisfy us that we’re making the right choice by relying on a single dealer to get us a fair deal, but each also has the potential to put us right where the dealer wants us. And that can cost us thousands of dollars more than we need to pay.

Job One in working with car dealers: make it clear that you have options!

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