The Car Buyers Guide--5 Things You DO NOT Want To Do When Buying A Car
Car buying can be a rough experience, especially if your new at it. That's why a car buyers guide like this one can be a big help.
There are many things that you don't want to see a dealership do to you as a buyer, but there are some things that you should not do as well, if you don't want to alienate the dealer.
Here is a list of "don'ts" that you should abide by if you are really looking to get a good deal.
1. Don't try to pull one over on the dealer by lying about the condition of your trade in vehicle. It is just a lie that you can't get away with, and could cause many cost increases later. 2. Don't bother looking for a car if you have had a recent bankruptcy. Unless the dealership is having some sort of big financing promotion (where they'll take just about anybody, but the interest rates are sky high) there's no way you're going to get approved for financing. 3. Don't give the dealership a deposit and then try to take it back for no reason. Do your due diligence and research the vehicle thoroughly before you purchase it. This is crucial to making a good decision. You can also lose big money on the return. 4. Don't bother lying about your debt load and credit rating. Every car dealer has access to the latest and greatest in finding credit scores--both good and bad. If yours is a little on the rough side, just admit it up front and you'll be saving everyone a lot of time and hassle . 5. Don't offer any money for a car unless you already know the dealer cost. Checking a number of websites will give you all the information you need to find out what the dealer paid on the vehicle--sometimes down to the penny. If you don't do this, you're setting yourself up to get ripped off. One last thing to remember--buying a new car is just like buying anything else on the market. Salesmen are trained not to take no for an answer, and many word games and phrases come into play in order for them to get you to close the deal. Advertisers and marketers are there to mess with your head so that they can make you buy things. Some of the best words and phrases that make a consumer buy products are amazingly well worded, while others are not. Think about it - when marketers use carefully written strategies, you can often think that you are getting a deal, when in actuality you could be paying more. Sometimes a marketer will offer a 50% off deal on a piece of merchandise, but in actuality the price of the object has been increased in the first place. If a company marks up the price by 52%, and sells it for 50% off of that price, you are actually paying 2% more for the item than it originally cost. This is a very common way for car dealerships to work. They may offer a $3000 cash back deal on your trade-in while the other fees and interest rates will be higher than you may want. Basically while a dealership may offer great trade in prices, they will get you with the other fees. Dealerships have many ways to scam a buyer--do your homework before buying a car and you'll be in great shape to get a great deal.
Buying A Car
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