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How To Buy Car Essay

508 words - 3 pages

Buying a new car is the second most expensive thing mostconsumers buy. Next to houses of course. That is why itis important to know all the tips on making car buyingeasy and less stressful. Think about the car model andfeatures you will want. Also think about how much you arewilling to spend and STICK TO IT. Car salesmen are almostalways paid on commission which means all they want isyour purchase. Also, don't be hasty or feel rushed intomaking a decision. If you are not sure about something,come back ...view middle of the document...

Plan on negotiating the price. Dealers may be willing tobargain on their profit margin. This is the differencebetween the MSRP (Manufacturers Suggested Retail Price)and the invoice price. This also affects your monthlypayments. Negotiating the price can save you big money.You may even want to consider ordering the car that youwant. This may cause delays, but if the car with thefeatures you want is not on the lot, this may be your bestoption. Remember this is a big purchase and one that willprobably need to last you for a while. Inversely howeveryou may get a better deal from the dealership if you buy acar from their inventory. Just because they want to getrid of them.If you are trading in your old car for a new one.Negotiate the price of the new one before letting themknow about the old one. Once they know you want totrade-in, they know you have that much more money to spendand they will use that against you. Check the internet orthe library for information on the value of your old car.Just to give you a ballpark idea. Remember that if youcan, you should try to sell your car yourself. You willget much more money for it that way.

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