5 Tips For Getting The Best Deal Possible

Here are 3 5 things you can do to get the best deal possible.

1. Research. The more informed you are about the product the more likely you will be able to spot a good deal, or when someone's trying to take advantage of you.

2. Shop. This goes hand-in-hand with number one. The more informed you are, the better deal you can get.

3. Pre-qualify. Like shopping for the best deal on the vehicle itself, you owe yourself the best deal on financing. Independent lenders and Credit Unions typically strike a better deal. That's not to say it's that way all the time, but knowing what you got in your hand before you start the buying process is a lot better than getting shanghaied into high payments all in the name of "no money down."

4. Walk. That's right, don't be afraid to walk off the lot. Give yourself time to digest what's just been thrown at you. Check your research. Eat some dinner. Above all, avoid impulse buying. Most dealerships now don't allow for buyers remorse so when you sign on the dotted line, it's yours.

5. Haggle. As American's we've kind of lost the art. We're used to walking in and paying a set price for things, but when it comes to buying a car, don't be afraid to say, "no way." Let the dealer know you saw the same car elsewhere for a lower price. Be prepared to get a price quoted on a business card while out shopping, most dealers honor a price on a card as the holy scripture.

Remember. This is about YOU getting the best deal YOU can.

Posted by Loyd on May 11, 2005 | 0 Comments

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