Best Deal on Car Purchase
When you are out to buy flowers for your wife or toys for your kids, you don’t ask for a discount because losing or gaining a few Dirhams doesn’t matter much, does it? But what if the deal involves thousands of Dirhams, as you set out buying a car? You will grind through every step carefully.
When you are spending a fortune to buy a vehicle for your family, you should make sure you get the best deal on car purchase within your budget, without compromising on car’s safety and convenience features. Regardless, from where do you make the purchase, you will probably encounter some cunning dealers who can pull your pockets empty if you don’t pay attention. Ironically, it can’t be called robbery, because there are rules of business. Be a better player, get the better profit.
Today, I am going to walk you through getting the best deal on car purchase. Trust me; it requires nothing but your concentration, so follow up.
Know what you are looking for:
Not everybody can afford thousands cc engines, even if they manage to purchase the car in the first place, buying a car different models and their fuel economy ratings. Add the required features and upgrades in your cart and assess your total budget. If you are buying with a car loan, see the figures if you could meet up the monthly or yearly pay-offs.
Never exceed your limits because car loans have certain strings attached; you may have the car but you don’t have the complete ownership unless every fils is returned. Once you are locked on, don’t get mesmerized by intriguing offers/services; car dealers will try to shove up your nose. You must also sneak peek through market rates of your desired car with matching configuration, so you can negotiate with dealers. Trust me, sales representatives will take easy on you if they realize you have done your homework.
Understand that timing matters:
Crowded dealerships swagger about their demand. With more customers on the premises you get less attention from the sales staff. Prefer late hours to visit the car shops; there are certain benefits. After entire day’s blabbering, the sales people get tired and become restless to get home, so you can exploit that time to make them listen to you.
Usually, dealers and salespersons have a monthly goal they must attain to get bonuses; downside is if they fall below line, their jobs fall in red zone. The last quarter of the month is the perfect time to snatch a good deal out of their bellies. Likewise, there is bi-annual and annual sales quota. Apart from that, every new model that arrives undermines the value of the older version and their prices become negotiable, but this happens for a brief duration on the seasonal calendar. Moreover, new models too sometimes come with manufacturer’s discount on special events, but such rebates have limited-time offer, so keep a keen eye on them.
Never give your cards easily:
Sales people are experts who can read your mind and use histrionics to surround you from every direction. It would be your noodledom if you believe them say, ‘We want the best for you.’ So, don’t be hasty in your decision. Make an impression that you are a serious buyer, and if they don’t come around your terms there are other dealers as well. Visit multiple dealers, compare the options, seek out lowest interest rates (in case of car loans) and use your instincts to finalize the best offer.
Be crystal-clear to get the best deal on car purchase:
Don’t get patronized, because people easily get sold for their flattery and afterwards powerlessly follow their dictations. Don’t hesitate to ask questions that matter, like financing options (car loans, hire purchase, contract plans) and their details. It is vital to understand every aspect of your car’s insurance policy, what does it cover and what not.
Remember, it is the questions you do not ask that later become your liability. You zip up your mouth, only to later regret and feel penitence for being outsmarted.
Don’t rush to drive home:
If dealers offer you something too good to be true, maybe it is. Make certain you don’t get traded for trash while you bid on one of their exclusive packages, unless there is a money-back-guarantee. For used cars, test drive alone won’t be enough; you need a window to take the car to a professional mechanic who could point-out unaccounted defects in the car. So, request at least two-day checkup warranty to get the car properly inspected. Reputable dealerships usually have their own inspection team to make your car ready. If you are buying from one of those car franchises like Toyota UAE or BMW Dubai, you can skip this step.
Getting best deal on car purchase is a witty business; there are equal chances of profit and loss. Referring to an experienced friend can save you a lot of trouble, but you must witness every step under your supervision. Market rates vary considerably. Not all the dealerships can be trusted with same reliability and their sales representatives have effective tools to take in your confidence. Prices of the cars fluctuate round the year, keeping the watch and choosing the right time can save you money. Last but not least, have an appropriate assessment of your car before taking it to home.