Buying a car can be very exciting, but it can also be stressful. Many people worry about getting a good, reliable car that can fit into their budget. Luckily, by educating yourself, you can easily find a good car that works within your budget if you know what to look for and what to do when going to a dealership. Here are some things you should know.
Is There Any Way To Save While Buying At A Dealership?
Going to a used car dealership can be a great way to buy a car. This is for many reasons, but you can actually get a good deal on buying a used car if you know what you are looking for and what you are doing. First of all, you should consider trading in your other car. When you trade in your other car, you not only get the amount that they give you towards your new car, but you also save on the taxes. You only have to pay taxes on the difference, not the full amount of the car. If you sell your other car privately and take the cash in to put towards the car, you will have to pay taxes on the full amount that you bought the car for.
Additionally, there is always wiggle room on the price. You should never take the first offer, and make sure that you negotiate on fees. The dealer fees can sometimes be waved, but if you don't ask or try to negotiate, you will never know.
Are There Certain Times When You Should Or Shouldn't Buy A Car?
When buying a car from a dealership, there are definitely times you should and shouldn't buy. Buying at the beginning of the year can sometimes be a bad thing, unless they have a great option for financing, like no interest. Otherwise they have usually marked up the prices. Instead, wait to buy at the end of the year when the new models are starting to come in, which will drop the price in the older models.
There are also monthly quotas that the dealerships need to meet. Thus, if you can go at the end of their fiscal month, you can generally get the salesman to work with you more on price because they are needing to move inventory. And lastly, try not to go during the weekend. This is when the dealerships are the busiest and they will have less time to work with you. Going mid-week will give you more time with the salesman to get the price that you want.
By doing these things, you can get the best car for your needs, at the right price.