May Car Keeping Tip 9: Buying a New Car

Next to your house a new car is probably the most expensive purchase you will make. The National Automotive Dealers Association states that the average new car in the US is bought for about $25 000. this makes it vital to know how to get the best deal possible.

Buying a New Car

Choosing Your Car

Consider the type of car you need and how much you can afford. Research different options. When you have a clear idea of what you want and how much you want to spend you will be less likely to feel pressure from the salesperson and more likely to get a good deal.

Consider this:

  • Research new car prices and features on-line or in publications
  • Compare prices by model
  • Be prepared to negotiate
  • Remember that you can order a car if the dealership does not have the car you want. This takes time and removes some of your negotiating power, but you get the car you want with only the options you want.

Learning the Terms

When it comes to negotiating it is important to understand the lingo:

Invoice price

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