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Don’t Be Afraid To Negotiate A Car Purchase

images-10.jpgDo you find that you are apprehensive about negotiating with an auto dealer?  Shopping for a vehicle doesn’t have to be nerve-racking, however, you need to be aware of a few things that you shouldn’t say to a dealer.

First, you shouldn’t start talking about monthly payments, instead focus on negotiating the purchase price.  It can become confusing when you’re discussing monthly payments because it might be unclear whether the payment is for 24 or 36 months.

Don’t tell the dealer right away if you’re willing to trade-in your car.  If the dealer is aware of this he will know that you want to get as much money for your car as possible.  The dealer might agree to give you a lot for your trade-in, but usually it’s a smokescreen because then they will fix the price of the new car.

Don’t tell the dealer if you’re planning on paying for the car in cash.  They count on making a lot of money in financing, and if they know that they won’t be able to count on that money, chances are they won’t negotiate on the sticker price.

Do your homework before showing up at a dealership.  Be prepared with information about new car warranties, financing, and vehicle prices.  This will help you negotiate a successful deal on a car.

Posted on Saturday, March 7th, 2009 at 8:00 pm In New Car Warranties  


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