Tuesday, 27 December 2011

The Smart Way To Purchasing Cars

By Erin Song


You might not know it, but it is actually a skill to buy the right car at a good or better price than the usual price.

First of all, you should apply for a bank loan to buy a new car, and find out what your maximum loan amount the bank or lender is willing to give you. Once you've got the amount, you can start looking for cars.

You must decide on the vehicle you will be satisfied or happy with. This is very important.

Which do you prefer: a truck, a SUV, or a car? Whichever you choose, make sure to compare the different makes and models to get a general idea of how much they are worth. One easy way to do this is by visiting the Kelly Blue Book online at: http://www.kbb.com. Here you can check what the MSRP value is (Manufacturer's Suggested Retail Price, is the price set by the manufacturer).

When you have a check from your lender, it's as good as cash at the dealership. This gives you buying power. You will be able to get the best possible cash on a vehicle you really like.

And don't let car salesmen intimidate you, you have to remember that you've done your research. Since you've got a check on hand, you can negotiate a cash deal. Try making cash offers and see the reactions of the salesman. Do not give any information to salesman.

When you've narrowed down your choice of dealers, go to each of them or call them on the phone, work with those who are willing to serve you, and make a cash offer for the vehicle of your choice. For instance, you have researched a vehicle that easily sells for $15K or $16K with less than 30K miles. Offer $12K cash and gauge each of their reactions and see what happens. Cash really is persuasive.




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