There are several ways to save money when purchasing a new car!
The car buying process is the lowest rated consumer experience in the United States. Most people would rather visit the dentist than visit the car dealership and attempt to negotiate the price of their next vehicle. The average consumer will spend more than 15 hours researching and negotiating the purchase of their next vehicle. Even after investing all of the time and energy, 80% of car buyers overpay by approximately 15% vs the best available pricing.
If you have the time, patience, and perseverance, here are a few helpful tips to save money:
Do Your Research
Before you make a purchase, research the make and model you are interested in to get an idea of the typical price range. You can also compare prices between different dealerships to see who is offering the best deal.
Negotiate the Price
Don’t be afraid to negotiate the price of the car with the dealership. This is the hardest part of the car buying process and often leads to unfulfilled expectations and very uncomfortable dialog with the Sales Associate.
Take Advantage of Incentives and Rebates
Car manufacturers often offer incentives and rebates for their vehicles, so be sure to check for any current offers that may be available. However, there are many ‘hidden’ incentives that are only offered to the dealership by the manufacturer and retail customers never see those benefits.
Consider Financing Options
Consider financing options, such as a loan from a bank or credit union, to help you save money on interest charges. The dealership relies upon financing incentives as a large profit center within the business.
Avoid Unnecessary Extras
When purchasing a car, it’s easy to be swayed by add-ons and upgrades, but try to avoid unnecessary extras to keep the cost down. However, there are some warranty and service related options that provide significant value and will actually save you money during your ownership period.
Approximately 75% of all car buyers wish they had more information and someone to assist them on the purchase of their next vehicle.
eMotoring is the Future of Car Buying
We will listen to your needs and guide you through the many makes and models available, to find the right car for you. We will take the mystery out of negotiating the price of your next car. The best price on the right car, for you. No more endless emails and calls from salespeople at every local dealership. We put you back in control.
No more hidden fees, undisclosed rebates, and countless hours negotiating.
No more mystery around warranty products, accessories, paint protection, wheel and tire insurance, and the variety of other products introduced in the Finance office.
No more haggling. Just the best price on the right car, for you.
At eMotoring, we are changing the car buying experience, one happy client at a time.
