What are the pros and cons of a car buying service?
The advantages of a car buying service is that they’ll often go into a select group of dealers in your local area and prenegotiate pricing, prenegotiate some of the financing. Obviously, you still need to provide your personal information to see exactly what you’ll get, but they’ll set up a lot of the early footwork, if you will, to make sure you’re getting a fair shake right from the very beginning. The flip side to that is that if things have been prenegotiated there’s a good chance that it’s not the actual bargain, deepest price. There’s probably still available negotiating room in there. Some people just like to have that comfort of knowing that a lot of the work’s been done for them in a professional manner, and it’ll be less confusion and potential chaos in the process later.