new car buying tips: New car buying tips

Sunday, February 8, 2009

New car buying tips

New car buying tips? its my first time, be gentle lol?

Little background on myself - I am 21 and make about 35k a year in the St. Louis MO area and I'm looking to buy my first 'new' car. for the past 6 years I have been driving the car i bought outright for 1500 dollars, so it was a simple transaction.

only trouble is I really have no idea how to go about the whole thing to get the best deal. I inquired about a vehicle back in March and discovered my credit is pretty bad due to me being so young and the dealership tried to take advantage, but i told the salesman and the finance guy they could just suck lemons for all i care.

I recommend waiting. The bailout is not going to do anything to stimulate sales. In the dead of winter in Missouri they will be hungry to sell a car in February.

Also, don't rule out buying from a private party. A 2-4 year old used car will be just as reliable as new and cost alot less than new. Craigslist is a great place to locate private party sales.

New car buying tips? its my first time, be gentle lol?

My New Car ;-) .....I wish!!!! by Sandmania.

Hey everyone. Hope you are all well...I am still alive and kicking. I have been extra busy over the past month or so with my normal day job, various ongoing projects, studio photography and opening a pub,amongst other things....I gotta pay for this new car somehow you know..... ;-)

I'll be catching up with all of your streams in the next few days..no doubt I have missed some great shots from you guys/gals.

2 comments:

RajeshFebruary 23, 2009 at 2:31 AM
Good tips for buying new car.if any one buying new car i will say this tips for him.
Buy cheap used cars"
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UnknownMay 16, 2013 at 10:46 PM
As we all know very well that having an own car becomes very common but there are plenty of things that theu buyer should consider in his mind before going to buy a car.

Lone Mountain Truck Leasing
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Used Cars - Buy Repossessed Used Cars Online

A used car, also known as a pre-owned vehicle and second hand car, is a vehicle that has previously had one or more owners. Used cars are sold through franchise and independent dealers, rental car companies, leasing companies, auctions and private party sales.

http://en.wikipedia.org/wiki/Used_car

Research used car pricing

When researching used car prices, you'll typically find three kinds of prices:

Dealer or Retail Price is the price you should expect to pay if buying from a licensed new-car or used-car dealer — retail price. Dealer prices will always be the highest listed because of the dealership’s need to make a profit.
Dealer Trade-in Price or wholesale price is the price you should expect to receive from a dealer if you trade in a car. This is also the price that a dealer will typically pay for a car at a dealer wholesale auction.
Private-Party Price is the price you should expect to pay if you were buying from an individual. A private-party seller is hoping to get more money than they would with a trade-in to a dealer. A private-party buyer is hoping to pay less than the dealer retail price.

The growth of the Internet has fueled the availability of information on the prices of used cars. Whereas this information was once only available in trade publications that dealers had access to, there are now numerous sources for used car pricing. Multiple sources of used car pricing means that the prices you get from different sources often won't agree with each other. This is a result of each pricing guide receiving data from different sources and making different judgments about that data. The best way to determine a price is to cross-check prices with multiple sources and add a dose of your own good judgment to arrive at your price.

Pricing of used cars can be affected by geography; generally a convertible has a much higher demand in Florida than in New Hampshire. Similarly, pickups are often more in demand in rural than urban settings. Condition – Is the car in excellent, good or fair condition – has a major impact on pricing. Condition is based on appearances, vehicle history, mechanical condition and mileage. There is much subjectivity in how the condition of a car is evaluated.

new car buying tips

Sunday, February 8, 2009