Pat Goss' Tips & Expert Advice
Get The Best Price On Your New Car
Buying a new car can be intimidating. There is so much to consider, especially how much you'll pay. Walking into a dealer and looking at sticker prices of new cars can be confusing. Plus, buying a new car is an emotional decision. You are likely to be excited about driving off the lot in a shiny new sedan, SUV or sports car. That's why you should never attempt to buy a new car without first determining what you want to pay and what you can afford. Here are some new car buying tips you should consider before you head to the show room:
- Sticker price and purchase price are not one and the same: You should base your starting price not on what the window sticker indicates, but on what the dealer paid for the car. This information is available on the Internet and sometimes in other types of pricing guides.
- Do some research: If you go in with knowledge in hand, it's much harder for a salesperson to talk you into something you don't want or need. You can find new car information through organizations like Consumer Reports, buying guides in your local book store and online.
- Get financing in place before you enter a dealership: You can find loan offers from your local bank or credit union and through online sources. If you know ahead of time what you can afford and what type of loan you qualify for, you'll be less likely to overspend when you see those shiny new cars.
