Sunday, October 17, 2010

Top 10 Tips For Buying a New Car: You Must Know

1. Time of buying:

Be precise about the timing of the buying of the car as it will determine the rates on which you would be able to purchase a car. Most often then not buy a car around Christmas when people would be reluctant in buying a car as it will let you purchase a car at lower rates.


2. Look for a deal:

Be inventive regarding your approach and look to do a deal between July and October as it is a period when dealers are desperately looking to sale their existing vehicles to make way for new ones.

3. Try for an online buying of the car:

People have found a unique way of purchasing a new car and it is from buying online. Try to figure out all the rates and go for the one which suits you the best. Shop around and negotiate the deal until you have found the perfect one.

4. Search out all the rates first:

Don’t mess with the rates and approach the dealer well prepared, as it will help you find a good car and the dealer wont be planning to fool you. Visit fighting Chance.com in order to be in touch with the latest car rates and this site is also helpful if you are seeking any advice in terms of buying a car.

5. Be realistic about your credit score:

Try to meet the dealer along the copy of your credit score and don’t let the dealer convince you by his superficial offers.

6. Don’t fall prey to any trap:

Initially the dealers would most probably try to put their dealership experience into work and ask you for some extra money by giving many lame excuses. Be open minded, and don’t let this happen.

7. Do not re sign the loan papers:

Do not sign the loan papers again and just refuse if you are tempted towards a deal which asks you to re sign the contract even if he is giving you a good offer, as these offers are just fake. So just keep calm, relaxed and focused on your work and your stats.

8. Do not bring the car for trade:

This is a mistake which most of the people do in the quest of expanding their business. But folks do not offer a car for trade on which you owe money, as the dealers won’t be paying the interests on time and you would have to face the penalties from the bank. If you still are looking to do so, just make sure that dealer won’t put you in a chaotic situation later.

9. Pay through credit card:

Most of the times a situation arise in which the dealers don’t have the desired car and they will order it from some other dealership. So in that case you might be asked to pay some extra amount of money as a deposit. Pay the amount by your credit car as then you would have a possibility that you can trap the dealer in case of any fraud.

10. Don’t be desperate:

Do not be desperate while buying the car as then the dealer will charge you the desired rates because he then notices that you are in need of a car urgently. So take your time and don’t give the dealer any such message.