Know Your Reasons For Buying A Car by Jay Bauder
Reasons for Buying a Car
Besides the obvious reason, transportation, are there any other
pressing reasons for buying a car? Perhaps it is a necessity
like requiring inexpensive transportation to and from work. Or,
maybe you are a "stay at home" Mom or Dad and need a vehicle to
haul children around to school and various other activities.
Regardless of your reason, make certain that purchasing the car
is for a valid purpose and not just because you want to outdo
"The Joneses."
In this guide we will show you some of the pitfalls to avoid as
well as information to make your selection much easier. The
following are basic reasons you should consider when making that
all important car purchase. Is it a good buy?
The best time period to buy that car you have always dreamed of
having is later in the month. Usually, there are numerous rebate
programs and bonus offered by month's end based on a dealer's
monthly sales quotas. The idea is that, sometimes dealers fall
short of meeting their sales objectives. If their performance is
assessed by the end of the month this can prove to be good news
to most car buyers since dealers now have no choice but to sell
vehicles at a price that is lower than their norm. They are
pressed to make more sales that will count for their monthly
sales and that puts you at an advantage as a buyer.
Peace of mind
Sometimes dealers do a song and dance routine just to make that
sale. The result is that often car buyers end up with car
features they realize later on they do not really need and a
price they actually could not afford. You can avoid this
potential stress by always remembering to trust your instincts.
If ever you feel in doubt, the answer -- don't -- do not let
yourself be pressured to making that purchase now.
This is a common strategy of car dealers wherein they compel the
customer to buy that car, now, this moment, today!
Do not forget that you should always sleep on it and then
decide. This is a lot better than making your mind up now and
forever holding your peace.
First Impression
To quote a common cliché, first impressions usually last. Though
not always true, when buying cars, you could get many ideas just
by observing how car sales people deal with you. Usually, these
non-verbal signals are fairly correct enough enabling you to
know what to expect from your car purchase.
If at any time you feel that the person selling you the car is
not trustworthy or simply do not like him or her, always
remember that you have the option to leave. It is advisable that
you do not sell yourself too much. Time is precious, especially
yours. So do not waste it. You are always free to politely walk
away, anytime, anywhere, and in any way you like it. But if
there are not many car dealers in your area, you may want to
linger for a few moments more and wait until the negotiations
you have with your dealer breaks down and you simply have no
option but to run off.
The Invoice Price
Another thing to consider when buying a car is the invoice
price. Make sure to ask that you see the invoice. If dealers are
working their tails off against it, you have enough reason to
believe that the car being offered is an unpleasant deal.
Usually, the price on the invoice is the cost the dealer paid
the manufacturer for buying the car. This is before any rebates
or incentives were included. Once this is known, only then will
you have an idea as to how much the dealer could profit from
each vehicle sold. Knowing this information could enable one to
be more confident then in negotiating the price.
The Manufacturer's Suggested Retail Price
In layman's term, this is commonly called the sticker price.
This is the price one usually sees in the window of the car that
is being sold.
Never ever consider paying the amount stated on the sticker
price. This amount is just the starting point to your
negotiations with the dealer.
Incentives
There are instances when manufacturers provide the dealers with
a little something extra, like money, rebates or a bonus because
they are able to sell cars that are either overstocked or
undersold. Make sure that before actually purchasing a car, you
were able to know if that car you are buying has some dealer
incentives attached to it. If so, take off that amount from the
car's purchase price and have yourself a very good deal and
hopefully, a very good car as well.
Article Source: Know Your Reasons For Buying A Car
Thursday, November 27, 2008
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