Buying a new car is one of the most expensive investments you’ll ever make. Aside from being sleek and attractive, you should know if its capabilities and features suit your needs. Working with and buying from a credible car dealer is important because they can help you choose the car perfect for you.
Here are some things you should do before heading out to your local dealers to get the best deal:
Know the Invoice Price
The invoice price is how much the car actually costs before the dealer adds on hundreds or thousands of dollars to earn a profit. You can get a new car closer to its invoice price, granted that it’s not a very new or popular model. Knowing this lets a dealer know that you expect a great deal and you mean business. Don’t go into a dealership without this information.
Check for Rebates
Car dealers seldom give buyers all rebates because they need to make a clear profit. The truth is a lot of buyers can qualify for several rebates. You can check the manufacturer’s site for rebates and sometimes you can receive coupons for additional rebates in the mail. Make sure you get all the rebates you qualify for before going to your dealer.
Wait for the Right Timing
Many dealers accept lower offers at the end of each month to reach their target and be eligible for manufacturer bonuses. The last week of December is also a wise time to buy because car sales are mostly slow. Lastly, a salesperson is more likely to give better deals on midweek mornings than busy weekends. Keep these in mind to get a better deal.
The price of a car always varies with age, content, supply, and demand. That’s no excuse to finding out ways to get a better deal, though. Let these tips be your guide on your next car purchase and you’ll surely save some money.