First and foremost, be prepared. Find the car you want, and research it. Print the blue book values. There are three prices to be concerned about; retail, wholesale, and trade-in. Have them all for the car you want. Now that you know the value, it is time to set your price. Write down the highest price you are willing to pay for your new …show more content…
car. The retail price should be your starting price. Check the national recall database. Anything on the report is repaired free at the local dealership. Absolutely never tell the salesman you have this information. It may seem unfair but a salesman isn't going to look for recalls and is more willing to reduce the price than fix a broken part. Information is power. Consider getting a Carfax report. If it's been in an accident, you can get substantial discounts off the asking price, whether it has been repaired or not. If the car is clean, a good car dealer will give you a report for free. If there is something to hide, they will tell you they don't provide Carfax reports. Always remember, the only time a salesman is lying to you, is when his mouth is open. Absolutely never talk to a salesman alone. Always use a negotiator. Find someone who doesn't care if you have a car. Someone you trust and is not a pushover. Before you go to the lot, develop a game plan and stick to it. Let him do all your talking. Let him be objective about the car and follow his advice on whether or not to buy the car. Although the final decision is yours to make, don't go against your negotiator or you may pay for it later. This protects you from the impulse buy.
When the two of you get to the car lot, look the car over starting with the outside. Look for dents, dings, rust, and scratches. The more you find the more information you have to fight with. Look down the side of the car for waviness in the body. If there are waves, there has been body work done. The salesman will not know why the body work was done, but if you can see evidence it wasn't repaired right. Check for mismatched paint. Mismatched paint also means body work. I f the car has been repaired right, this may be the only way to tell. After a car has been in the sun for a few years the paint begins to fade. The paint will be hard to match. Look for spots on the ground. Leaks can be a sign of neglect and old age. After giving the outside a good once over it's time to look at the engine.
At a dealer, everything will be clean and look well kept.
Selling cars is their business, never forget that. Look closely at the wiring for splices, new wires, and loose or disconnected plugs. These are all signs of backyard mechanics and wannabe customizers. Professional mechanics are trained to install components and leave a factory stock look. Check the fluid levels. The oil, power steering fluid, brake fluid, and transmission fluid should all be full. If any are low check again for leaks. Smell the transmission fluid, if it smells burnt the transmission may be about to fail and I wouldn't recommend buying the car. Transmission repairs can easily exceed $2,000 on some of today's cars. Don't forget to look at the tires. Uneven tread on one side or the other could mean either alignment problems or a damaged front end. Low tread on both outside edges are a sign of low pressure and could mean a slow leak. Look for cracked sidewalls, a sun dried tire is …show more content…
dangerous.
Once you have your list of negotiable items, it's time for the test drive.
Let your negotiator go first. Be sure he takes it on the highway. Driving around town is nice and may be all you need it for, but slow speed can mask a myriad of problems only found at highway speed. If it doesn't perform well, don't buy it. If it passes your negotiators test drive and you are both happy with the condition of the car, it is time to make your decision whether or not to buy the car. Once the decision is made, go on your test drive and enjoy yourself. While you are driving the car your negotiator needs to earn his keep. He needs to work hard on the salesman to get a lower price. Negotiating a good deal can take as much as an entire day. All the information you two have gathered needs to come to bear on the salesman. When you get back, be prepared to leave without the car. The salesman knows there is an 80% chance you will not return and will do anything to stop you. Be prepared for his "best deal" and if it isn't what you decided on before you walked on the lot leave now. Eventually the salesman will get his supervisor. Be careful, he is a master at closing the sale. Stick to your guns and wait for the deal you
want.
Always remember, being prepared can save you money and get you a better car. The steps you take to reduce your out of pocket expenses are important. The car you get is up to you and a reliable car is a lot more desirable than one that is easy to push. Being prepared for the salesman, paying attention to what the car has to say, and bringing help can only work to your advantage. You work hard for your money, and you should make a salesman work just as hard to get it from you. Getting the most out of your hard earned dollars is the name of the game.