With the right advice, you can have a much better experience when it comes to buying cars. Everyone has had a less than stellar experience. Flip everything on the salesman, and learn to stand on your own two feet. You can take control, and you can get the deal that you’ve been looking for.
When you have decided to buy a used car, be aware as to how clean the car is presented. Many car salespeople know appearance can be significant in attracting the attention of a prospective buyer so they have professional cleaners who are quite adept at making a lackluster used car look virtually new. So, the lesson here is to always get the car you are interested in checked by a trained mechanic. Even if a car looks fantastic, a trained mechanic will be able to spot any significant mechanical defects the average buyer or prospect will miss.
Here’s another tip that is worth its weight in gold: Do not pay for lots of extras. While it would be great to have a lot of wonderful and interesting features in your prospective new used car, remember that there is a difference between needing something and wanting something. Every toy or gadget you add can and will increase, sometimes substantially, the price of the car. Calculate what you really need, and do it as objectively and non-emotionally as possible and stick to that plan.
Once you have found the perfect car, ask for a vehicle history report. A vehicle history report will list any instances that the vehicle has been involved in. If your dealer does not offer this service, you can purchase one yourself online for a nominal fee. This report will help you avoid purchasing a car that has been in a wreck.
Consider purchasing outside of a dealership. In fact, you may be able to buy a car from a used lot or private seller. Check classified ads online and go through newspapers to find out more about the vehicles available in your area.
If you are trading your car in, take it to a detail shop and have the upholstery and carpets cleaned along with a wash and wax. Doing this one thing can usually net you several hundred dollars or more in trade-in value compared to a car that isn’t clean.
Talk to your bank or credit union before you head out to the dealership when you are in the market for a car. Find out how much of a loan you are eligible for. This way, you will know how much you can afford to spend, and you will know what kind of car to look for.
Understand the financing office. Most dealerships make the bulk of their money in the financing office. Your interest rate, extended warranties and other add ons are all sold at a premium once you are in there. Understand this, and select any of those options carefully. Most are not necessary for the average car owner.
Read all the documents that are presented to you when you purchase a new car. They will usually have a large stack for you to sign. Don’t feel pressured into signing anything that you do not understand. If you do not understand something, ask about it before signing. Until you sign your name to all the paperwork, you can walk out of the dealership and not owe a dime.
Check a vehicle’s overall consumer rating before you make a purchase. The great thing about consumer reports is that you can save yourself from making a bad purchase very easily. These reports can tell you how much you should expect to spend on repairs and how long the vehicle will last on average.
You should now know more about what to do when you visit a dealership. Whether you’re buying used or new cars, it’s time to saddle up and take care of business. No one is actually stopping you from that deal but yourself. Be well-informed, and take that information to the bank!