How To Buy A Car

Posted by on April 14, 2012 | No Comments

Simply said, buying the right car takes skill.

Before anything else, apply for a loan and find out the maximum loan your bank or lender can give you. Once you’ve got the amount, you can start looking for cars.

Decide on the vehicle you will truly be happy or at the least very satisfied with, so that the notes will not feel painful. Take note that this is of great importance.

Do you want a truck, a car, or a SUV? Whichever type of vehicle you prefer start comparing different makes and models and get a general idea of what they are worth in the market. You can check out this site http://www.kbb.com. On this site, you can check the MSRP value (Manufacturer’s Suggested Retail Price, is the price set by the manufacturer) of different vehicles.

When you have a check from your lender, it’s as good as cash at the dealership. This will give you buying power. You will then be able to get the best cash price for the vehicle of your choice.

As you shop around do not let car salesmen to intimidate you, remember, you have done your home work, you have research the market value for the car you want, you know a fair price down to the miles of it. Now you have a check in hand and can negotiate a cash deal. Try making cash offers and see the reactions of the salesman. Take care not to give any information to the salesman.

Once you are down to a few dealers where you will buy your car from, go to each, or call each of them on the phone, work with the ones that have a decent sense of customer service and who are willing to work with you, and via telephone make a cash offer for one of the vehicle you are looking for. Maybe you’ve researched that a vehicle can sell for $15,000 or $16,000 with less than 30,000 miles. Offer $12K cash and gauge each of their reactions and see what happens. Cash always comes out the winner.

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