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QUALITY AUTOMOTIVE GROUP | AUTOMOTIVE NEGOTIATION TIPS
You will find that your bargaining power increases when you
are shopping for a vehicle that is easily available (on the lot)
and if your credit is
established with a good history. Keep in mind that you can
sometimes get a new vehicle for
close to the cost of a pre-owned vehicle.
You might also find that
leasing will produce a lower payment and keep you from
getting “buried” in debt. This is something you need to
seriously consider if you are the type that replaces your car
every one to three years.
Q-Tip: Do not mention that you are trading a vehicle
until you get a solid figure on the vehicle you want to
purchase!
”Voodoo Math”
Be careful of the legendary dealership trick that some call
“Voodoo Math”. Generally, dealerships will not give you the true
selling price of the vehicle that you are looking at until they
evaluate your trade. This is where the dealer will make it seem
that you are getting more money for your trade when in essence
you are just simply paying extra for your
new /
pre-owned vehicle.
How to overcome “Voodoo Madness”
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When researching online you will find many resources such as
nada.com where you can find the “Blue Book Value” of the vehicle
that you are purchasing and the trade value on the vehicle that
you are considering to trade in. In addition, most dealerships
will have their lowest or close to their lowest prices online.
This is a great tool for you, the consumer. Be sure to negotiate
the lowest price with the internet
department before you mention that you are
trading in your vehicle.
Then, when it comes time to work the deal in person, you will
have a paper trail of quotes on the vehicle that you intend to
purchase and a print out of the trade / retail value of the
vehicle that you want to trade in.
Are you ready to start your vehicle Search?
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Y E S: Build & Price seven brands of new vehicles
including Ford,
Chevrolet,
Dodge,
Buick,
Pontiac,
Chrysler &
Jeep and a huge selection of
Pre-Owned vehicles. Looking for something under
$9,995?
N O: I would like to
read more Q-Tips.
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