If you’re shopping for a new car, follow these tips to help you get the car – and the deal – that fits you best
Whether you buy a new car regularly or haven’t shopped for one since the invention of the minivan, the process goes more smoothly when you know what to expect. Let’s start with some good news: There’s a ton of information available to the savvy car buyer like you. And here’s some better news: Most dealers prefer working with informed car buyers. Having the information up front makes for a quicker and more transparent deal.1. Assess what you like and dislike about your current vehicle.
3. Expert opinions count Determine the vehicle that you’d like to buy by doing research at KBB.com. Access expert vehicle reviews, consumer vehicle reviews, car review videos, comparison tests and Buyers’ Guides. Choosing the wrong car is a bigger mistake than paying too much for the right car. 5. Investigate financing and prequalify for a loan Many car buyers prefer to have financing in place from a bank or credit union before arriving at the dealership. Then, if the dealer can match or beat your rate…great! This can save you thousands over the life of your loan and gives you additional leverage in negotiating a deal.
8. Deal in person or online There are two ways to initiate contact with a dealer. One is to walk into the dealer showroom, tell the salesperson what you want and then spell out the price you expect for your trade-in and the price you expect to be charged for the new vehicle. Often they will appreciate your seriousness, your knowledge of the market and the process, and you’ll be able to complete a deal quickly.
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