How Do You Negotiate A New Car Price – Don Know Where To Start?
With all of the turmoil in the auto industry these days (GM just declared bankruptcy) it seems like this might be a good time to buy a new car. After all, they really need to sell those cars don’t they? Yes they do, but it is still important to be able to negotiate with the car dealer. What you need to know before going to the car lot. • Know exactly what car you want to buy. Do your research online, in magazines, etc. to decide which car model, options, etc. you really want. This is important because the dealer may try to lead you away from the car you want to buy to the car he wants to sell you. • Decide on your budget. Take other factors into consideration such as insurance and gas mileage when deciding how much you can afford to pay for that new car. Remember when you get to the dealer you need to negotiate the price of the car and not the monthly payments. • Check out financing with your bank or credit union. Get a quote that you can take with you to the car dealer. Getting pre-ap
