The average age of cars on the road today is eleven years. That probably means 5 years since the last car payment. It can also mean that the owners are pushing that car to the extreme. If you’re in this category, then you might be ready to buy. And if it has been several years since you walked into a dealership, then there are a lot of things you can do to bolster your deal. Try to put these tips for buying a new car into action:
Do Your Research
Nothing scares a car salesperson more than a customer who is armed with information. Between Auto Trader, Consumer Reports, Kelley Blue Book and Edmunds, you’ll have a lot of resources that are just a few mouse clicks away. Armed with your research, you’ll know exactly what the car you’re buying is worth and how much room you have to negotiate.
Look into Pre-financing
The harsh reality is that car dealerships don’t make a lot of money on a car sale. Where they do make their money is with financing. They’ll be able to charge a higher interest rate than you might get at a credit union or your bank. That means you could end up paying several thousand dollars more for the car you think you’re getting a bargain on. Yes, your payments might be manageable but you’ll be paying them for a long time. That is why you should look into pre-financing options before you go into the showroom. You can be approved for a certain amount and final payments will be based on how much you put down and/or trade-in.
Shop Around
Shopping for a car can be a time consuming affair but that is to your advantage. You shouldn’t focus on just one dealership. Instead, go to at least three. Take photos, make notes and compare. Not only will you get a feel for the best car but also the best deal. The more powerful tool you have is the ability to walk away.
Once you’re ready to sign on the dotted line, you could be driving home with a new car. That means you’ll want a safe place to park it. Yes, it is time to clean out the clutter from your garage. Don’t worry. This is actually easy when you give the task to Junk King Albany. They’ll be able to back their truck right up to your garage door. Then you just point to the rubbish you want gone and watch it disappear. Let Junk King Albany help get your garage ready for your new car today.