Helpful Ways to Negotiate the Price of a New Car Part 4
October 31st, 2011Buying a new car is more complicated than it seems. Remember that you will be making a huge investment in the process–one that will set you back for two to three years’ worth of monthly payments. Here is part 4 of the series on the may helpful ways to negotiate the price of a new car. A few simple tips are all you need in order to prevent from going bankrupt when buying a new car.
Tip #1: If a brand new car is considered to be too expensive for your tastes then when not try leasing instead! It is true what they say about leasing: you do not get equity over the car and you do not actually ‘own’ the car in order to satisfy your quench for that elusive pride of ownership. On the other hand, leasing will allow you to always drive a brand new car without even thinking about selling the car after a period of three or more years. Sounds good? We’re not done yet.
Remember that leasing a car is similar to buying a car. You will also need to negotiate the leasing price in order to come up with an affordable car lease. How? It will all start in the choosing process. Only find the lease prices of the car that you actually need rather than those that will only serve to improve a midlife crisis. Actually, there is nothing wrong with that but you will still need to choose a car that is just right for your daily needs. Asking for a free price quote will help a lot as lease prices will also vary according to your location.
Tip #2: Never approach the car dealer unarmed. Of course, it might be foolish to approach the dealer with a complete portfolio of new car prices (lest you want to be accused of suffering from obsessive-compulsive disorder) but it never hurts to have an idea on current new car prices as a basis for comparison. The more you know about current new car prices then the better it will be for you. The car dealer will have a hard time convincing you to pay the price that they want as long as you are armed with all the pricing information regarding the type of car that you wish to buy.
Simple tips can go a long way. Find the best possible deals for the lowest prices in your town and drive home the car of your dreams while having enough money to spare to further enjoy life.