Read The Small Print With Dealer Offers
There are many great deals out there on new cars, yet you need to understand the offers. For example, are there any “restrictionsâ€, “qualifiersâ€, “exclusionsâ€, or “limitationsâ€? Make sure you know how to read the fine print.
Often, dealerships offer incentives that are regional. In other words, you must live in the area to get the deal. You might be able to get a new car for $1,500 less if you live in the right area.
Some deals on financing may be contingent on a predetermined down payment amount. For example, you might need to have $4,000 cash to put down at the time of the sale. If you don’t have this amount of money, you might get stuck with finance rate that is higher.
Sometimes an offer may be contingent on if the dealer participates with the program. This could include a special financing rate, rebate, etc. Remember that dealers are operated independently and you are not dealing directly with the automaker.
These are just a few things to look out for when it comes to dealer offers. Make sure you read the small print to understand the terms of the offer. And make sure that the car you are looking at comes with a good auto warranty.