Have you ever wanted to come out of the car dealership on top when you’re buying a vehicle? Maybe the stress of it all keeps you from having the confidence to do so. And maybe you just don’t understand their sale techniques and what they’re doing.
Before setting out on your car shopping journey, figure out exactly how much you’re willing to pay. Take the time to write out a budget for yourself that fits your monthly budget. In doing this, you’re better able to avoid getting into a situation where you completely break the bank.
Research the true market value of your potential car before making an offer. Many times dealers will mark up the car a certain percent over its actual value so that they have some wiggle room. If you know the real market value, you’re better able to negotiate with them about the price you will pay out the door.
Don’t turn up your nose on used cars. Most people are looking to buy themselves a shiny new car. However, you should take the time to ask: is a new car purchase really feasible for your financial situation? Many used cars are in perfectly good condition and will not break your budget nearly as much as a new car will.
Prior to buying a used car, bring an impartial mechanic to check it out. If the dealer doesn’t allow this, leave. A great mechanic will give you an impartial view of any car problems, including whether the car was previously wrecked or flooded.