Buying a car is rarely as simple as walking into a dealership and choosing a model before paying and driving away. It can be fraught with all sorts of financial dangers, according to Business Insider Australia. To put yourself on a more level footing with the salesman, keep these top tips in mind for successful car buying.
Plan what you can before setting foot in the showroom. There are lots of things to consider when buying a car and most of them cost money.If you need a loan, try lining it up in advance outside of the dealership. This will at least allow a comparison of rates before agreeing to anything.
Consider the overall price of a car and decide your total budget in advance. Dealers will ask what you can afford each month, but this question isn’t as relevant as the total amount you will be paying.
Trade ins are another way for dealers to get more money from a customer, so weigh up the convenience of being able to take your new car in place of the old against the possible financial benefit of seeking a deal elsewhere.
Source: http://au.businessinsider.com/how-to-buy-a-car-without-getting-screwed-2013-5
