Scoring the best vehicle for the smallest amount of money takes some fieldwork, preparation, and negotiation.
As luck would have it, these steps are not as much work as they may sound.
BestNewCarPrices.
com provides new car buyers with straightforward steps that will increase the odds of securing the best new vehicle price.
1.
Set a Target Price The best starting point for any new car shopper is setting a target price based on what you can afford.
This will help determine which new vehicles are in your price range.
2.
Investigate Multiple Makes & Models Research new vehicles in your target price range.
Take a look at twin models, for example compare Chevrolet vehicles to GMCs.
Keep an open mind, and check out a few vehicles you may not have considered - you may find a gem.
3.
Shop for Rebates & Incentives Most manufactures offer low interest financing or cash rebates.
Compare and determine which will save you the most.
If the financed amount is less than $15,000, then $1,000 cash-back is more valuable.
If the financed amount is more than a low interest rate will save more over the length of the loan.
4.
Planning Your Vehicle Purchase Find the local dealerships offering the lowest new car prices.
Many large dealerships can afford to sell at lower prices due to volume discounts from the manufacturer.
Request offers from multiple dealers to find the lowest price in your area.
5.
Research Your Financing Options Finding a low cost lender could save you thousands.
Once you know the price of the vehicle you're interested in buying request financing quotes form banks, credit unions and other lenders.
Keep these on hand to compare to the dealers offer.
6.
Prepare Insurance Coverage Financing plans require insurance coverage.
Contact your current insurance company and others in your area.
By selecting your own insurance coverage you can find the lowest priced coverage.
7.
Negotiating the Best Price Negotiating does not mean haggling! If you choose to work with reputable dealers avoid a stressful negotiation process.
Don't make demands, keep your bargaining polite - expect the dealer to do the same, if not, shop elsewhere.
8.
Contact Multiple Dealerships Simply tell them the vehicle you want and how much you are able to pay.
Base this amount on the invoice price of the vehicle minus current rebates and deductions.
Based on your requirements, the dealer will make you an offer.
The more dealers you contact, the better deal you'll find! 9.
Review All Offers Carefully Make sure you understand every offer you receive, if not ask questions.
Follow up by letting dealers know competitor offers.
Once you have all counter offers in hand simply select the best price!