How To Save Money When Getting A New Car

How many people do you know who have bought a new car, driven it off the lot, and then felt like a chump because the car dealer pushed them into an impulse buy?  They made a deal and didn’t realize until the paperwork was signed that they had been taken.  There are at least three things you can do to position yourself to make a better car purchase:  Plan ahead, pre-arrange your own financing, and choose the right time to buy a new car. The following are some good car buying tips for women and men.

We’ve begun with only a few insider secrets to buying a new car, but they are ultimately important because a car purchase is perhaps the second largest purchase you make in your life.  The first is your mortgage.  It is important to plan ahead and know what you want and to know your budget ahead of time.

When dealerships offer “financing packages” they are really trying to sell you another product in addition to the car.  So many people wander into a car dealership not knowing what their credit score is like.  This immediately gives the dealer the upper hand.  Know your credit and arrange financing with your own bank.  This will put you in a better bargaining position.

Those who understand new car buying secrets will tell you there is a best time to buy a car.  Dealers are under pressure to perform, to make sales. Knowing and understanding dealer time cycles will give you an advantage in determining when it is in your best interest to shop for a car. When you look at any car buying for dummies guide, you’ll find that the best time to buy is at the end of the month, and in the fall before new care models come out.

These are just a few of insiders’ car buying secrets.  Knowing when to buy, what you want to buy, what you want to spend, and planning your own financing will benefit you when you walk into a dealership.  You will be able to negotiate a better deal.  If you want the complete insiders’ edge get the playbook that reveals the tactics of persuasion used by car dealers. 

Whether you want to buy new, used, lease, or trade, Taking the House Edge can help save you thousands of dollars on your next car purchase.

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