It’s a jungle out there. Trying to find the best deal on a new car, truck or SUV purchase can be tedious. Researching automakers, reading consumer reviews, finding dealer rebates and incentives and that is just the beginning of the process. Can you imagine going into your local dealership with the true dealer costs of the vehicle you want? Use the following “Must Know” facts to negotiate the best price and terms of your new vehicle purchase.
1) Hidden Dealer Incentives – Think of new car negotiation as a contest, with the person who has the most information wins. You may think, “How can I possibly obtain more information that the dealership as about their own vehicles?” The way to win this battle is to do your research on the vehicle you want BEFORE you go into the dealership. At CompetingCarPrices.com, we give you the hidden dealer rebates and incentives that include up to $7000 in cash back offers.
2)Dealership Holdback – Never heard of “dealer holdback”? It is money that the automakers return to the dealership on their bulk purchases of vehicles. Dealership holdback is normally 2 to 3 percent of the invoice price. What does that mean for a new car buyer? It means you can save $700 on a $30,000 car, truck or SUV purchase.
3)Dealer Competition – Even though this is the oldest trick in the book, it is also the most effective. Start by getting FREE, no obligation quotes from competing dealerships in your area. Then, choose two or more dealerships that have the vehicle you want and contact them. Once they are aware that you are a serious buyer and are choosing between two or more dealerships, they will offer you their bottom-line price to entice your business away from the competition.
Use these tactics the next time you are at the dealership and let us know how much money you saved by starting your search at CompetingCarPrices.com!