Car shopping is something we all have to do from time to time, and it is something that many of us dread. It's hard to comprehend the numerous options that are out there when it comes to car shopping. The following tips will help make the process go more smoothly for you.
When buying a used car, a great way to tell if the car has been in an accident is to look into the door frames. Usually when a car is repainted, you will notice over spray in this area. This is not proof that a car was in an accident, but it will let you know it was repainted.
Learn about the true market value of the car before making an offer. Oftentimes, dealers will have the car marked up a certain percent over the value so they have some wiggle room. If you know the market value, you can better haggle with them about the price you will pay out the door.
Do not wait until you go car shopping to think about how you are going to finance your car. You need to arrive at the dealership with your car loan pre-qualified at a decent interest rate. You are almost always going to be able to get a better deal than the dealership would provide for you.
When you go shopping for a new car, have someone else go with you. Since they aren't the one making the final decision, they may be able to help you steer clear of a deal that isn't the greatest for you. This can be any relative, a co-worker or a friend.
Never take a car at face value. Though you may not be a mechanic, it is a good idea to do a thorough inspection of the vehicle. An important part of the inspection is a test drive. This allows you to feel the car on the road, listen for any wayward noises and possible spot issues with performance.
Due diligence should be exercised when planning your car budget. It is imperative that you take a full and realistic look at your budget. Not only must you consider a car payment, you must also consider insurance, gas and maintenance for the vehicle. There is nothing worse than having a vehicle that you cannot afford to drive.
Don't fold to pressure. The salesman doesn't want you to walk out of his dealership, so he will tell you whatever it takes to get you to sign a contract at that moment. Ignore him. Do what is best for you, and if you need to have some time to think about it, take the time you need.
If you are absolutely in love with a certain color or interior finish, don't settle for less. Though the specific vehicle that you want might not be in stock at your local dealership, ask them if they can get it for you. Most dealerships have relationships with other dealerships and will trade vehicles back and forth. Keep in mind though, you might end up paying a little bit extra to cover some of the costs of the trade.
Decide whether you want a used car or a new one. A new car has the obvious advantages, but used cars can be a pretty good deal as well. There are many certified used cars now that have been found to perform well, and cost substantially less than new cars do.
Get a loan from your bank instead of the car dealer. A car dealership makes a lot of their income selling loans, and because of this, the loans are almost always more costly in the long run. To ensure that you pay as little as you can you should get a loan approved by a bank before you even begin looking for a vehicle.
Look no further than the Internet when you are looking for a used vehicle. You do not have to go to a dealership. You can scour sites such as Craigslist, eBay and online classified ads for a car. By using these sites, you can find the lowest price while protecting yourself from high-pressure salespeople.
Make sure you look for rebates prior to getting a vehicle. Lots of car dealers offer on-site rebates in order to encourage fast decisions. In some cases, a dealer may not even make you aware of the rebate. After you have purchased the vehicle, the dealer might keep the rebate instead of passing the savings along to you.
Do not agree to as-is warranties when it comes to used cars. This decision can ultimately cost you hundreds or even thousands of dollars. At the minimum any dealer should give you a 30 to 90 day warranty. When you don't have such a warranty, any repairs after the car drives away will be your responsibility.
Consider skipping the dealership completely and go with an auto broker. An auto broker usually works with several dealerships and acts as an intermediary to get you the best deal on the car you are looking for. They work on commission, however it can still save you time and money in the long run. Be aware though that a few states have banned auto brokers.
When you buy a car, you will be handed a lengthy contract. Learn what it all means before you set foot on the lot. You can find information about each element on the contract online, that way you'll know what is being offered to you and what is being asked of you as a buyer.
While the dealership that you buy your vehicle through will offer financing, check into your options. Get a loan quote from your bank or a credit union. Oftentimes, they will offer better rates than the dealership. This will allow you to bring those quote to the dealership's financial officer and negotiate a lower rate.
Visit an insurance agent in order to receive an estimated cost of coverage prior to buying your desired vehicle. You may realize that you really can't afford the increase in your premiums. Find a vehicle that's a great balance between affordable insurance and price.
Do your homework before you set foot at a dealership. There are online vehicle comparison sites and print publications that can help. You'll also be able to find features, pricing, and options packages from these sources. This lets you save money and time prior to going to the car dealer and looking over the cars.
Now that you know the above tips and tricks, you also know how to buy a car successfully. You'll get the lowest price, find the best car and even make the salesperson end up with the least commission, all because of your knowledge. Buying a car has never been this easy!