While buying a brand new vehicle may be the preferred choice of many car buyers, the truth is that this, sometimes, may not be the most practical choice. Especially when you’ve got other financial obligations to cover, you’ve got to learn to be more practical with your decisions. Fortunately, there’s another recourse that’s just as good as buying a brand new vehicle: used car.
Gone are the days when buying a used car seems like a bad idea. Because of the demand, today, there’s so much more protection that comes with buying a used car. This makes it a favored choice by many. Among all the promising advantages that you can get from buying a used car, one of the most apparent is the cost savings.
Here are some expert tips on how to negotiate when buying a used car:
1. Don’t Be In A Hurry
Many of the most common mistakes committed by car buyers happen when they’re in a hurry, particularly if this is going to be your first car. Yes, it’s understandable to feel all excited about it, but remember that buying a car isn’t just like buying a shirt that you can easily return it for a replacement. You’ve got to be more stringent and cautious with every step of the process.
Hence, unless you really have to, take time to go through the whole buying process carefully. That way, you can research more and be able to better negotiate the price and other add-ons.
2. Research First
Making sure that you get a good deal starts with a good background check on the make and model of the car you intend to purchase, as well as knowing how much it sells for in your area. That way, you’ve got a basis for comparing the price among different dealers.
Don’t go to a used car dealership without first equipping yourself with all the necessary information. Otherwise, you may only be fooled into thinking you’ve got a good price, when, in fact, you could’ve gotten better.
When you’re researching, you’re also opening yourself up to view more cars apart from the one you’re keen on buying. Having at least three other options is ideal just in case your first option isn’t available or is way beyond your budget.
3. Bring A Car Mechanic With You
How do you know that the price tag of the car you’re going to buy equates to its current condition? You don’t want to end up paying for a car that’s too expensive for its quality. If so, you’re cheating yourself off so much money.
A good tip to follow is to bring a car mechanic with you. They can give you an unbiased report of the car’s overall condition. That way, if there’s anything that should be considered to lower your car’s price, you can bring this up with the car dealership. This is a good way to haggle down the price, particularly if you’re going to have to pay for hidden defects.
4. Go For Certified Pre-Owned (CPO) Whenever Possible
Depending on where you’re buying from, as well as the car make and model, you may be presented with used cars that are certified pre-owned. This is a certification usually offered by luxury car brands, like Lexus and Mercedes-Benz, but cheaper brands, like Nissan ,can have this, too.
Buying a CPO vehicle means that you’re taking home one that has been thoroughly inspected and repaired, plus it’s also aesthetically excellent. Hence, you can have that guarantee that you’re able to get the best deal out of your used car and you’re not taking home a lemon.
5. Be Nice
Many car dealers are often easy to deal with, particularly when you’re trying to haggle the price. But, this doesn’t mean that you should sound like a know-it-all and give off an attitude. Because you’re negotiating a deal, you’ve got to be nice. The easier you are to deal with, often, it also becomes easier for dealers to give you a better price.
All these tips considered, now you’ll find that negotiating your car doesn’t have to feel as scary as you once thought it would be. With the right techniques, getting a better deal on your car is now at the tip of your fingers. If you take the time to do your homework and keep your expectations at bay, you’ll have an overall smoother experience with your purchase. You can make the most out of your used car purchase by taking home with you the best car, at the best deal.