Car Prices Blogs


Helpful Ways to Negotiate the Price of a New Car Part 3

October 23rd, 2011

Are you considering to buy a new car? Want to come up with the lowest prices on a new car? Here is part three of the series on the many helpful ways on how to negotiate the price of a new car:

Tip 1: Carefully choose the type of car that is right for your intended use. Normally, it is advised that you come up with at least two or three choices when shopping for a new car. This is all well and good but this can also present problems when you are in the thick of the fight between negotiations. This is where most car buyers make the mistake of buying the wrong car as they get consumed by the vast amounts of data provided by different car dealers.

Facilitate your search online and ask for a free quote. You can then compare the prices, specs and features of all the cars that you happen to be considering so you can easily make up your mind on which is indeed the best. It is only after then that you may head down towards the dealer of your choice and negotiate the price of the car that you want.

Tip 2: Never settle for the MSRP or sticker price when negotiating the type of leasing or financing term that is amenable to your budget. You should never be fooled in to thinking that you got a huge discount through incentives and cash back schemes alone. Lay it down on the table and tell the car dealer the amount that you wish to pay outright. Only talk about financing deals, leasing deals and interest rates after settling the negotiated selling price of the car.

More negotiating tips coming soon. Start you new car shopping by asking for local price quotes on each and every make and model of car sold at the nearest dealer so you can drive away unscathed and with a few thousand more dollars to spare.