How Do You Negotiate The Best Price When Buying A New Or Used Car?
Paying cash doesn’t necessarily lower the price. For some, it’s preferable but to most, it doesn’t make a bit of difference. Also, are you buying from a private seller, or a dealership? Personally, when I sell cars, I already have them at the lowest price that I’ll take for them. So, when people try to negotiate, I immediately tell them to leave. However, a suggestion is to do research on the car, and find a fair value for it. Shoot for that value. For example, if a car is listed at $5,000, and KBB has it at $4200, go for $4400. That’s relatively fair to both you and the seller. “Best price” and “lowest price” are not always the same. You can get a horrible car for dirt cheap. For the same car in great condition, you might pay several times as much. And in the end, you’ll get what you pay for.