1. You should purchase your new car during the Winter holiday season because not many people are looking to buy a new car at this time, and it forces salesmen to increase their sales strategies. Salesmen are more willing to come down to your offer price to close the deal.
2. If you are not able to purchase your vehicle during the Winter holiday season, you may also get a good deal on a vehicle from July to October. During this time, dealerships are trying to get rid of their inventory to make way for new models, so use this to your advantage.
3. Online car purchasing is becoming a great way to purchase a new car — just wait for good online incentives and rebates and be sure to shop around. Presenting a dealership with a printout of deals available online may provide you with significant leverage when working with a dealership.
4. When trying to negotiate with a dealership, make sure you have a copy of your credit score with you, as it can lower your interest rate on any loan you may try to secure.
5. Don’t be quick to fall for a common dealership scam where you are told that your financing fell through and that you have to paying more money on your loan. Again, have a copy of your credit score with you to alleviate any chance of being scammed.
