Entries categorized as ‘Buying / Selling A Car’

Buying A Car From A Private Seller

January 5, 2012 · Buying / Selling A Car · 1 Comment

The current economy has created a buyer’s market for most purchases, including home and auto sales. Dealer incentives have made purchasing a new or a used car quite affordable. If you’re in the market for a used car, you can find even better bargains by buying from a private seller. Many car owners might be looking to sell their cars to downsize their monthly budgets or to raise cash. However, some deals might seem too good to be true because they are. Since warranties and other safeguards are not available when you buy from a private seller, there are several steps you have to take to ensure that the car you are purchasing is worth the sale price. Here are some tips:

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Getting A Good Deal On A Used Car

December 21, 2011 · Buying / Selling A Car · Leave a Comment

There is a lot to be said for saving a buck, and when it comes to the purchase of a vehicle, the more you can save the better you will feel. There are some great ways to get a good deal on used vehicles. One of the best tips is to visit police and government auctions. In fact, standard savings on the purchase of a vehicle through these auctions is often 30-70 percent.

Always remember, that if you are on a tight budget, then the best way to purchase a vehicle is by paying cash, and this is the primary form of payment utilized at most of the auctions. If you are short on cash, though, there are many ways of getting your hands on cash quickly. For example, more and more consumers are considering the benefits of short-term loans such as auto title loans, which can provide you with the funds you need to bid on a car in a matter of hours.

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Benefits Of Buying A Car With Cash

September 18, 2011 · Buying / Selling A Car · 2 Comments

There are two main ways to buy a car. You could buy one with an upfront cash payment and have it paid off or you can make payments on it. There are pros and cons with either method, but today I’m going to list some of the benefits of buying a car with cash.

Negotiation

When you have cash on hand you hold negotiating power. You are the one in control. The people at the car dealership are aware that you are serious when you come in with cash. They know if you don’t get the deal you want, you’ll just go somewhere else.

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Negotiating A Car’s Price

August 23, 2011 · Auto Loan Terms, Buying / Selling A Car · Leave a Comment

When you are buying a new car, you can often get a better deal than the seller is listing. You will often find that it is in your best interest to negotiate the price. Even if you are happy with the price the dealer is asking for, you might be able to bargain with them to get it even lower.

You need a game plan if you are going to try to negotiate the price of a car. Don’t expect you can walk into a dealership and blindly start haggling over the price. Do your research ahead of time. Make sure you know what similar models are going for at other dealerships. The dealer may even try to tell you his costs are much higher than they actually are so that you feel you are locked into a price you don’t want to pay. You can call his bluff if you’ve done your research ahead of time.

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An Old Salesmans Trick

July 24, 2011 · Auto Loan Resources, Buying / Selling A Car · Leave a Comment

Let’s say you’re at the dealer working out the financial details of your possible new car purchase. Then the finance guy leaves and says he’ll be back in a bit, he needs to verify some things, print some stuff out, talk to his supervisor, etc.

So there you are, in their office with your friend or family member. So you start discussing the possible deal with them. You tell them that you’re thinking of taking the deal, but you just want to see if they can lower it some more.

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Don’t Buy The Extras At The Dealer

May 11, 2011 · Auto Loan Resources, Buying / Selling A Car · Leave a Comment

Auto dealers try and squeeze as much money out of you as possible. If it’s not on the sticker price or the loan, they’ll do it by offering you all sorts of extras. Most of the time these items are extremely overpriced. You can always get whatever they offer at a lower price anywhere else you go. If they offer to throw in an extra for free, which they say is an $800 value, ask them to go ahead and just reduce the price by $800 and don’t give you the extra. They will always refuse because they know it’s not worth $800, that’s just what they charge. Here are some of the most common extras dealers offer..

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