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re: I hate the car buying process.
Posted on 9/28/11 at 2:34 pm to nino2469
Posted on 9/28/11 at 2:34 pm to nino2469
Check out Consumer Reports.
They can tell you what you should pay for the vehicle that you want to purchase and the same for the vehicle that you might trade in.
They also advise the exact way to go about the process.
Do not even mention a possible trade in until you have negotiated the price on the new vehicle that you want to buy. After that has been done then you could talk to them about a trade in or what you should get if you sell it yourself.
They can tell you what you should pay for the vehicle that you want to purchase and the same for the vehicle that you might trade in.
They also advise the exact way to go about the process.
Do not even mention a possible trade in until you have negotiated the price on the new vehicle that you want to buy. After that has been done then you could talk to them about a trade in or what you should get if you sell it yourself.
Posted on 9/28/11 at 3:08 pm to hobart65
quote:
Do not even mention a possible trade in until you have negotiated the price on the new vehicle that you want to buy.
This. I also never answer the "Are you looking to finance?" question. If you do finance, bring a device (web-enabled phone, ipad, etc) to access a payment calculator. Example, when negotiating for a '07 Tahoe, we were going to finance $19K for 5 years. The dealer "worked out the numbers" and told us the payment would be $600-something per month. I literally looked at him and laughed. He was stunned and asked what I thought the note would be. I pulled out my phone and went to Bankrate.com and showed him the result with the terms upon which we had agreed. The result was $343.52 per month, nearly half of what he quoted us, and the terms were the same! He tried to pass it off, but his goose was cooked. We got up and left, and he chased us out the door saying, "We'll do $360!" We left and went to find our Yukon.
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