Buy a Car

Some Secrets you Should Know About When Buying a Car

If you decide that it is time to buy a car while you are visiting a local car dealer, there are some things you should keep in mind:

  • As soon as you arrive at the dealership, it's a good idea to let the salespeople know that you are not going to buy a car today. Tell them you are "only looking." This will save you from a lot of high-pressure sales tactics on the part of the salespeople.

  • Salespeople are trained to appeal to your emotional side, and they will try to trick you into buying a car on the spot. If you know for sure that you don’t want to buy a car today, then do not let yourself be tricked into buying, even if the offer sounds highly tempting. And beware of attempts to sell you additional items like insurance, extended warranties, car alarms, etc.

  • Buying a car is a major investment for most people. It takes a long time to save for a down payment (or the full purchase price), so don't spend all that hard-earned money in half an hour without thinking it through first.
  • Be on the lookout for inflated monthly payments. To avoid this common dealer trick, always calculate your own monthly payments using online calculators. And beware of cars that are heavily promoted as "fully loaded" vehicles, especially if they are a little out of your price range. Sticking to your budget will help you to avoid making a big financial mistake.

  • Before purchasing, always shop around to get a lot of competing quotes for the car that you want. You can get free price quotes online, from the comfort of your home. And to make sure you get the lowest possible price, learn how to negotiate before haggling with dealers.