Important Tips For Buying A New Car

Buying a new car is second only to a home as the most expensive purchase many consumers make in their lives

. You can strike a fair deal buying a new car of our choice, if you arm yourself with knowledge and an organized plan. Once you've decided on the size and type of car that suits your needs, here are some tactics on buying a new car:

Assemble your checklist

Set your budget and then prioritize a wish list of car makes, models, and features. You can also base your purchasing decision on how the vehicle will be used by you and your family.

Research the possibilities

You can always visit web sites having car reviews about the prospective vehicle that you are planning to buy. Once you have zeroed on the new car then you can check the newspaper to determine if any local auto dealerships have any special offers. You can always cross-check the cost of the cars given by your local dealer to the price the manufacturer charged the same dealership at an online the car-pricing site. After you have completed all research, return to the local newspaper and look out for any car deals. Then you can verify the details of the promotion by calling the dealership. This can save time and prevent you from enduring a hard sell.

Buying at the right time

If you're not too particular about having a 2010 registration plate, then you can try and time your purchase well. Many dealerships look to shift excess stock ahead of the introduction of new registration plates in March and September so now could be a great time to pick up a bargain. If you're not quite ready to make a purchase, then consider holding off until August as the '09' registration is launched in September.

Ask for the free incentives

Many dealers often offer incentives to customers in order to increase their sales such as car insurance, cash rebates and breakdown cover and other freebies. On occasions, their deals can be very attractive - several car dealers even offer a year's free car insurance with some purchases. However, you should properly check that the cover is adequate and ask to see examples of repayment plans without these extras.

Try and uncover the invoice price

The buyer should always try to get close to the invoice price. The invoice price can be defined as the amount that the dealer pays to the manufacturer for the vehicle. Its know fact that the dealer will try to make some profit out of this deal so you should aim at getting close to the invoice price. Some car buying websites will list their invoice price so if you can point this out to a dealer, you stand a better chance of lowering the retail price.

by: steve parker

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