How To Negotiate Used Car Price
And they always have the home field advantage.
How to negotiate used car price. Being able to negotiate effectively can make the difference between getting an admirable deal or being taken for a ride for the used car you purchase. If youre shopping for a used car look at the dealer retail tmv price. Having a specific number in mind when going into a negotiation could hurt the entire process. Realizing these benefits and using them to your own advantage can help you get the.
In part one of how to get a used car bargain we stressed the importance of deciding on your price range and arranging financing before you shop. We also told you how to identify good used cars. Your initial offer should be a little lower than what the current market value of the vehicle is. A recent deloitte study found that 36 percent of consumers absolutely hate having to haggle on price at a car dealership.
Note that dealers often prefer to negotiate the sale price of the car you want to buy and your trade in price at the same time. Negotiating a lower price on a used car isnt as scary as it seems. But if it is a little higher thats ok too. To make sure that you dont save on one side of the deal only to lose on the other tell the dealer you want to keep it simple and discuss your purchase independently from your trade in.
Your goal is to get a price below it. Ask for the wholesale price or as near to wholesale price as you can. Buying from a private party can offer distinct advantages such as getting a lower price having access to repair records and knowing who the previous owner is. Top tips for getting a great deal.
To present a reasonable offer you must gather as much information as you can about the car you want to buy. Instead go in with a price range that. When youre researching this information make sure youre. A short stint as a car salesman taught me that dealers are pros who know how to negotiate car prices and do it all day long.
So read our tips for negotiating car prices. This can get confusing for shoppers. How to negotiate a used cars price. The price you see in the ad is just where the seller wants to start the negotiating process.
Its a bigger hassle but you might get more money that way. But it remains essential if you want to get the best possible deal on a new or used car truck or suv and that means negotiating face to face with a salesperson. If you dont want to deal with the dealer you can always sell the car yourself at retail price. Keep in mind that tmv is an average.
Again to find the wholesale price on your car check out kelly blue book or the official used car guide. How to haggle for. How to haggle for a used car. If you do your homework plan for rejections and manage your expectations the experience will be far smoother.
How to haggle for a new car.