5 Tips on Dealing with a Used Car Dealer

5 Tips on Dealing with a Used Car Dealer

5 Tips on Dealing with a Used Car Dealer

Buying a used car immediately invokes images of pushy salesmen selling dodgy cars to unsuspecting buyers. Luckily, consumer protection laws mean that this image is a little overstated these days and you can expect a much easier time of it when you visit the used-car yard. You will even get a fairer deal in negotiating a car loan.

That doesn't mean that the sailing is always going to be smooth however, you still need to have your wits about you. It's a great tactic to plan your visit well in advance, so you know exactly what you are looking for and exactly what you are prepared to pay.

So, before you hit those used-car yards, read through the following tips and you might save yourself hundreds or perhaps thousands of dollars.

First of all, do some research on the Internet and choose a car that is going to suit your needs. Make sure it has the right safety features, and make a note of any accessories you want to include, like towbars or roof racks. Fuel consumption is another important consideration and you can check out the technical specifications well in advance so you know what you're in for.

Do a budget and set a maximum limit for any car loan you want to take out. Then, visit several lenders and get comparative quotes making sure that you factor in all of the associated application fees and ongoing account keeping fees that may be charged. Once you have found a good deal, apply for a preapproval so that your finances are well and truly taken care of before you reach the used-car yard.

When deciding on the appropriate car, make sure you visit user review sites to get an idea of what existing owners have to say. You might even find some comments about car dealers there too, so you are forewarned and forearmed. In other words, don't take the manufacturer's descriptions of features and benefits as gospel

Check out the prices of vehicles by going to Internet sites where existing owners are offering their cars for sale. This will give you a very good idea of the prevailing market value and you can use this to negotiate with the car yard. If necessary, you need to be prepared to buy privately, provided you can get a vehicle inspection that satisfies you.

When you are in front of the salesperson make sure you maintain your calm and do not allow yourself to fall for any trick that calls on you to make an immediate decision. In fact, it is a better option to go to the car dealer without any intention to purchase at all. Go there to get information that you can use when you come back later.

Never take any notice of the listed price and be prepared to negotiate strongly. If you have done your research properly and know the approximate market value you are more likely to strike a better deal.

Used car dealers will always want to try to arrange car loans for you, but unless they can match the offer you have from your preapproved deal, stand your ground and don't sign anything.

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