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For those with limited budget who decide and would rather own a car of your own than rely on public transport in terms of expenses, time, convenience and other strong reasons, here are some things for you to consider:
*Shop around : You can learn a lot from those car sales people offering what they think best suits you and your budget. Take your time to consider before making your final decision.
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*Wait for the right time to buy : Car dealers usually have monthly sales quotas. Their sales assessment is usually done at the end of every month. Car dealers often fall short of meeting their sales objectives, and thus are forced to sell cars at a lower than normal price. They may also offer bonus and numerous rebate programs to boost sales for the month. This usually happens at the end of the month, which will be the best time for you to make a purchase.
*Focus on your need : Car dealers in order to make a sale do a lot of song and dance they are very good at. The buyers often end up purchasing a car with features they don’t need and thus paying a higher price than necessary. You need to focus only on the car with the features you will use. This way you won’t end up paying more for the things you don’t need in a car. You can worry about the extra features when budget is no longer a constraint to you.
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*Find a trustworthy dealership : It is important that you deal with a trustworthy dealership, the one you feel comfortable doing business with. This way you can make sure you get what you see in a car and more in terms of future service and help when needed.
*Ask to see the invoice price : This is the price the manufacturer charged the dealer for the car purchase, excluding incentives and rebates. This will give you some idea about the dealer’s profit from selling each car. It helps you decide whether you have got a good deal or not.
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*Find out any possible deductions : Manufacturers often reward dealers with money, bonus, rebates and other incentives related to their successes in selling undersold or overstocked cars. Find out if the car you intend to buy has this kind of incentives attached to it. You can then deduct the amount of the incentives from the car price and get yourself a very good deal.
*Never pay the suggested retail price : The suggested retail price is the price displayed in the window of the car being sold, also known as the sticker price. Never treat that price as fixed, because it is always negotiable. You will always be able to get a lower price when you finally do buy the car in question.
*Take your time and never rush : It is not a bad idea to sleep on your buying decision for a day or two. If you still feel good after doing it, then it usually means you have considered everything very well. Go and get your car.
