The Importance of A Car Buying Guide$0
- 5 days ago
- by AnnaBlack
|Street Address||5 (Office 02-112）Merchant Square, Paddington, London, W2 1AY|
Once you decide to buy a car, the first big decision you need to make is new or used. Most people have strong opinions on this topic. Often, it comes down to budget and personal preference. Some people would rather buy a used car because a big drop in value has already occurred just by driving away. Others prefer to just buy new because there is no risk of a hidden problem not being covered by the warranty.
When you buy a used car, you can always get more for your money. The downside is that the thing you buy has already been used by someone else and you don\’t know how it\’s been taken care of. Whatever you decide on, your goal is to get the best deal possible. It\’s a good thing you\’re here because if you read carefully and follow our car buying guide, you\’ll learn everything you need to know about the process.
Car Buying Guide:
Decide whether you want to buy a new car or a used one
Determine the funds available for your down payment
Set your monthly budget
Prepare for financing ahead of time
Calculate fair price
Take advantage of competitive advantage
Avoid common dealer tactics
Use invoice pricing and bidding to save
We\’ll review car buying websites and teach you how to use them to get competitive bids to keep dealerships on the line. In our research, we found that the best sites were TrueCar, Rydeshopper, Edmunds, and Cars.com. You will learn how to calculate how much dealers pay for new cars and trucks so that you can provide a fair quote. Learn everything you need to know in our guide to buying a new car.
Beware of a \”good\” or \”fair\” price
You might think this is an odd warning from a website that tells you how to get plenty when you buy a car. The most important thing to know is that no matter how high the price you get unless you get everything right in the finance and insurance (F&I) office, the deal is not a \”good deal.\”
With all the ads you see about getting the best price, you need to know that price is only one part of a great deal. When a dealer gives you a high price, they have even more incentive to make up the profit on the other part of the deal.
All in all, this car buying guide is very useful for most people.