Buying A New Car Tips
No-haggle buying has become increasingly popular of late. Dealers give you the price of a particular car, and you can choose to take it or leave it. However tempting it might be to take price dickering out of the car buying process, it’s generally a good idea to bypass no-haggle dealerships. You may avoid the mind games and other baloney of trying to talk a dealer into the best price, but you’re also unlikely to get a particularly good deal, since the price will certainly include a substantial profit margin. So, unless the thought of wrangling with a salesperson absolutely makes your skin crawl, it’s best to haggle, since you’re likely to benefit in the long run. Please read bellow article on buying a new car tips.
Additionally, if you’re considering buying a new car that you’ll keep for awhile, give some thought to extended warranty coverage, which can often save you big-time on repairs and maintenance. However, consider the price quoted by the dealer for extended warranty coverage as open to negotiation, just like the price of the car itself. Ask for the dealer’s best price on extended warranties; then offer to pay half. And never pay more than two-thirds of what the dealer quoted.
There are alternatives to extended warranties. For instance, many credit unions offer mechanical breakdown insurance policies that offer bumper-to-bumper coverage at a price that can be considerably cheaper than dealer-provided coverage. Additionally, some insurance companies such as Geico offer mechanical breakdown insurance to their auto insurance policyholders. So shop around.
One rather Byzantine addendum women shopping for a car still may encounter more headaches than their male counterparts, such as condescending salespeople or an insulting emphasis on cosmetic issues such as color and vanity mirrors. The best advice do your homework and be assertive about what you want. Have a price list at the ready, and insist on being treated as a serious customer. If you don’t like the attitude at a particular dealership, look around until you find one that treats you with respect. Finally, if all else fails, look into one of the Web-based networks or a car-buying service that may well save you some money as well as a good deal of needless aggravation.
One final tip: Think female salespeople necessarily treat women car buyers any better or negotiate better deals? Unfortunately not. A study published in the early 1990s in the Harvard Law Review showed that women shoppers, systematically steered to a female salesperson, in fact let their guard down and actually end up paying more for a car than if they had worked with a salesman. (Sad to say, the study also showed the same relationship with persons of color assuming they’d get better treatment from a salesperson from a similar ethnic background). So not only should women shoppers never assume they’ll receive more empathetic treatment from another woman, it hammers home the importance of doing your homework and never tipping your hand, regardless of the salesperson with whom you’re dealing.