Learn How To Get The Best Deal

Auto Shopping Tips to Get the Best Deal

Plan Before Going to the Auto DealerPlan Before Going to the Auto Dealer

According to automotive research and buying site TrueCar, August is the best time of year to buy a new automobile. Based on their customer data the average transaction cost is almost six percent lower in August as it is in December when the manufacturers are heavily advertising their “end-of-year” specials. Their data also indicates that Sunday is the best day to buy and the first few days of the month offer better savings when compared to the rest of the month.

If you are looking for a new vehicle this month these tips from Kelley Blue Book will help you prepare to get the best deal:

Assess your current vehicle – When shopping for a new auto you should first consider the things you like and dislike about your current vehicle. This can give you a baseline for making a checklist of what to look for in your next auto.

Get a quote on your trade-in or sale – You need to know how much your current car is worth so you have an idea of what you will have for a down payment and how much you can afford to spend on a new auto.

Start researching new vehicles – Read about new vehicles and search by vehicle type or by make to narrow down your options and get a feel for the starting prices of vehicles you are interested in.

Get pre-qualified – Getting pre-qualified for an auto loan puts you in a position to make a deal on a new car already knowing what your payments will be if the dealer accepts your price. If the dealer can offer a loan with a lower rate you can always take that.

Find out the fair price for the auto you want – Get dealer quotes ahead of time to begin negotiations with a price that’s fair.

Test Drive – Be sure to drive the car(s) you are considering buying so you know how they feel. Adjust the seats, the climate controls, and the stereo.  Examine every feature you will use while driving and be sure to drive it the way you would if you owned it. Don’t forget to find a hill to drive up if you live in a hilly neighborhood.

Read Everything – When you’ve negotiated the deal and you are signing paperwork be sure to read everything and don’t sign anything you are uncomfortable with. Don’t readily agree to advertising allowances, ADM, or anything you just don’t need. If you can’t come to agreement on financing terms, walk away and look for a better deal.

For more buying tips check out the full article here. To find the best deal on your next vehicle let AutoBuying101.com help you search local dealer inventories, get dealer pricing, and get the next auto deal for you.