The #1
All Time Top Car Buying
Tip
Be
Prepared!
Well that's not so special you
say. You're right it's not rocket
science, but how do you prepare?
I'll show you in just a second.
First off I want to share with
you some research I've done at
the dealership I work for. I've
tracked the last 75 deals that
have been made here and found
that prepared / educated buyer's
(prepared in my opinion) paid
over $3,100 less than the
unprepared / uneducated
buyer's.
If savings of $3,100 or more
doesn't peak your interest, then
I don't know what will. Keep in
mind that car dealership sales
people are professionals, and
sell cars everyday; they are
prepared and educated. On the
other hand your average consumer
certainly doesn't buy cars
everyday and is therefore
unprepared / uneducated. So a
consumer walking into a car
dealership unprepared to buy a
car is at a huge
disadvantage.
Here are some simple steps for
you to prepare:
Start Shopping Online.
Research car prices, print
invoices and find the perfect
vehicle for you.
Know Your Credit. Know your
score and review your credit
file. Clean up any inaccuracies
and/or delinquent accounts. A
high APR adds up to a lot of
wasted money over the term of a
loan.
Get Pre-Approved For Your Car
Loan. Car Dealers make huge
profits when they arrange
financing. Pre-Approval gives you
the power to "Buy Like A Cash
Buyer."
Know Insurance Costs. This
gets a lot of people into trouble
after the fact. They take on a
new car payment and find out
their insurance rates are also
going to go up.
Know A Car Dealerships Steps
To The Sale. You can read my 11
Steps To A Car Sale-They
Hope!
Know Your Trade Ins Value. A
dealership can under allow for
your trade in and boost their
profits.
Know What Warranties Cost.
Marking up warranty costs is a
big profit center for car
dealerships.
Get All Promises In Writing.
Don't accept verbal promises,
more often than not you'll get
burned.
Review Your Contract
Carefully. Slow down and
understand all the figures. Bring
reading glasses, if you need
them.
Compile Your Information.
Bring a copy of your loan
approval, invoice printouts,
trade in values, and to really
chap their hides, bring a
financial calculator and use it
when negotiating.
There are many car buying tips
that will help you get a great
deal when buying a new vehicle,
these are some of the best and
most successful ways I know of to
prepare for your next vehicle
purchase.
For more Car Buying Tips from
Justin, or to ask him a question
visit
http://www.insidercarbuyingtips.com
With nearly nine years working
for car dealerships, at all
levels, Justin is truly an expert
in this field and can help you
with car buying advice straight
from the front lines. His advice
will have you knowing more about
the car buying process then most
car sales people.
|