We all have horror stories about buying a car and it's a process that most people fret. Therefore, 2 posts in 2 weeks on this topic may be OK. Last week we shared some information from Bankrate with consumer tips pertaining to buying a car. This week, it's round two.
A blog named "Get Life on the Road" does a nice job of explaining the nuances of not getting screwed during your next expedition to the car dealership. Here are a few of the points.
- If the salesperson go to the sales manager — and they always do – tell the salesperson that if they are not back in 10 minutes you will assume the deal fell through and you will leave.
- Never stop asking for a better deal. Ask for add-ons, discounts and higher values for your trade-in every step of the way, even if the dealership says the current deal is the best they can do. Use this tactic right to the bitter end in the Finance & Insurance (F&I) office.
- Negotiate the trade-in and the new vehicle purchase separately. Your trade-in is not worth more or less based on the value of the vehicle you wish to purchase, however many dealerships will tell you that because the care you wish to purchase is so low-priced, they can not offer you much for your trade-in.
Read the rest of his tips at Get Life on the Road. Also, be sure to read the comments his readers are leaving for extra tips.
