Not everyone pays the same price for the same exact vehicle. Some people pay more than they should and others get a great deal. The difference is knowing how to negotiate, what a fair price for the car is, and when to buy. If you are in the market for a new car, here are a few tips that will help you to get the best available price for that car.
Learn What the Invoice Price is For the Car
Take some time to learn what the invoice price is for the car. This is how much a dealer pays the manufacturer for the car. You can find this information on many popular car pricing websites such as Edmunds and Kelly's Blue Book. Once you know what the invoice price is, you know how low the dealer can go when negotiating. They can't go lower than they paid and they still need to make some profit. Knowing the invoice price for cars is a great negotiating tool.
Look for Rebates
Before you buy a new car, take the time to look at the manufacturer's website and learn about any rebates they may be offering. Dealers do not always know what rebates may be available at any given time, so always check to ensure you get the best possible price for the new car you are considering buying.
Wait Until the End of the Month
Another tip for getting a great price on a new car is to shop for your new car at the end of the month. Most dealerships work on a monthly quota system. This means their staff need to move a certain number of cars every month. If the end of the month is drawing near and they have not met their quota, they are more likely to wheel and deal, giving you a better price for the car. As such, if you are able, shop for that new car at the end of the month, rather than the beginning.
Avoid Going on the Weekends
The last tip for getting a great price on a new car is to shop for your car when it is quiet, such as during the day on a week time. Dealerships are more busy on the weekends, and as such, may not have time to really sit and negotiate a great deal with you. They may have a price in mind and if you don't accept it, they may move onto someone else who may be willing to pay that price. On the weekdays, it is not as busy so dealerships are more likely to sit and talk with you, because they have no one else to move onto.
Buying a new car is exciting. But it requires a lot of research and skill to ensure you get the best possible price for your new car. If you are in the market for a new car, always learn what the invoice price of the car is, look for dealer's rebates, shop at the end of the month and avoid buying on the weekends to get the best possible price.
Share12 December 2016
When I started working on finding a new car, I was a little surprised to discover just how many different varieties were on the market. It seemed like there was a car for everyone, and I was really frustrated with what I needed and wanted. I knew that I wanted a car that looked sleek and modern, but with four kids, I didn't know if that was going to be a possibility. This blog is all about finding an incredible car and knowing what to do in order to get the ball rolling. I know that some of this information really helped me eventually discover a great car.