Do you need to get a car soon? If so, you will doubtless have people telling you to buy a used car. Of course, what they fail to mention is the benefits you can enjoy with a brand new vehicle. For example, there’s the fact that no-one has owned the car before you!
And it’s also worth stating that you will enjoy the utmost reliability with a brand new car. How many used vehicles can boast such a claim? Not many, I’m willing to bet! But, before you go out and buy a new car, it’s worth spending a few minutes reading this blog post.
By following the hints and tips on this page, you will have a better chance of getting the best deal on your next new car! Here is what you need to know:
Stick to a particular make and model
One trick that car salespeople use is to persuade customers to buy new cars that cost more than they anticipated. If you walk into a dealer’s showroom looking confused or are indecisive, you become easy pickings for them!
Instead, you should take your time to decide on just one particular make and model. Getting a brand new car is a significant purchase, so it’s important you choose the right one. It will be hard to get a different car once you’ve sealed the deal.
Research the best model for your needs
Next, I recommend spending some time doing research on the Internet. OK, so you have decided which model you want to get. But, there will be several trim levels on offer. How do you know which one is the best fit for your needs?
It’s easy to “splash out” on the range-topper. Especially if the salesperson tells you it’ll have the highest residual values in the future. The thing is; if you’re not going to make use of many of the features it comes with, it’s a pointless purchase.
Instead, think about your needs. Is it important you have built-in GPS navigation? Do you want the ability to link your iPhone to the car? Before you go out and find a new car for sale, make sure you ask yourself what it is you want out of it!
Determine how you are going to pay for it
Some people decide that they want to buy the car outright and keep it. Whereas others prefer to lease it instead. As you are getting a new car, I recommend the latter option.
It’s the most cost-effective way into new car ownership, and it means you won’t suffer from depreciation. You will also have lower monthly payments, and your deposit won’t need to be as high either.
Check for any finance deals, as sometimes the dealer will contribute the deposit towards your new car for you! Others may offer interest-free finance if you pay a sizeable deposit like 40%, for example.
Don’t pay the invoice price
Last, but not least, never pay the full invoice price for the car! Now is the time to put your haggling skills into action.
Remember, if one dealer doesn’t negotiate on price, it doesn’t mean you can’t get the deal you want from another!