When it comes to getting the car you want at the right price there is some solid advice for getting it without all those hidden costs. Price gouging is still a thing, even in the modern world of buying, because some people simply don’t understand how car buying works. With a bit of research and maths, you can buy the car you want without the haggle of prices going up. From trade-in advice to finding out the best way to finance a motor vehicle, there are loads of things each car buyer should know before they decide to buy. Below are some great tips and tricks that will keep you within your budget next time you want to buy a new or used vehicle.
One of the most important things you can do before buying a car is to research true value before talking to dealers. This means you should learn true price of a car before asking anyone what their sticker price is! How do you get the true value of a car? Check out the cars.com Estimate Used Car Value calculator. Here you can get a current market price for the car you want to buy using this handy car pricing guide. You can also use it to determine the trade-in value of your current car. Not only will this help you avoid hidden costs, it will help you from losing money all together on the price hike after the price is agreed upon. Most people think the hidden price is in the sticker price of the car, but it’s actually in what can be tacked onto the final sale. So, what can be tacked on?
Behind every good sticker price are a bunch of hidden fees and taxes. Don’t get tangled up with the taxman. Make sure you ask the dealer for the total price of the car, as well as a breakdown of each tax and fee that is added to the final sale. You might think you’re getting a car for $18,000 that is worth that amount only to find it’s $24,000 because of all the extortionate and unnecessary fees added after the handshake. This is where it is essential to be upfront and honest with your dealer or dealership. When you create a budget for buying your new or used car you can also look up taxes and fees before you even go in. That way you know your final cost before you even start talking to a dealer.
This is also the reason that it is a great idea to find your own way to finance before you test drive a car or step onto the lot. Using your own bank or financial institution to secure a loan amount before you look at cars can help you determine what type of payments you can afford and just what price car you should be looking at. Cars.com also has a car finance calculator that helps you estimate your payments. So, you can enter your desired monthly car payment then factor in sales tax and length of the loan, as well as a few other factors to determine what the loan amount may be. That way you are more informed when you discuss loan options with your bank or financial institution of choice.
If you’re looking for even more expert tips and tricks to buying, selling and trading a car – check Cars.com. They have advice on how to buy, sell and trade, as well as car maintenance advice, financing tips, and expert knowledge on all things cars. They put real buying power in your hands.