5 Myths About Buying a New Car
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, and Canton, GA
Top 5 Myths About Buying a New Car
If you’re in the market to buy a new car, then you’ve probably been practicing and honing your negotiating skills. If this is the first time you’ve ever bought a car, then you may have a few myths and misconceptions filling your head about the buying experience. To help you prepare properly for buying a new car, this article will debunk some of the top myths surrounding the purchase of a new car.
1. Buying A Car On the Internet Will Give You The Best Deal
Recently, more and more people have been trying to buy a new car on car-buying websites. Not only can this make for a frustrating process when they don’t have the car or model that you want, but it actually doesn’t always give you the best deal. Sure they may offer the lowest deal on the price of the vehicle, but this doesn’t cover the interest rate, warranty, or the trade-in price. Those are all discussed and negotiated later and may actually be higher than what you might receive at a dealership.
2. Cash Is King
While in some dealerships, you may find that paying in cash will help you receive a discount, this isn’t always true. Quite a few dealerships are pushed instead to finance the car. So, if you pay with cash, they likely won’t offer you a big discount since they would prefer if you leased the car. If you’re looking for a big discount that comes with paying with cash, then you should pay attention to the cash-only incentive specials that dealerships sometimes promote.
3. Buy Now Or The Deal Or Special Will Disappear
Another common myth is that if you don’t buy a car during a special or a deal, then you’ll never be able to buy that car at that price again. This is untrue. Cars are put on a rotating cycle for discounts and specials. Your best bet is to look around and see if the car you want is on sale or has a special deal attached to it. If not, then just walk away. Give it a few weeks and you may find that a different deal or special is now in effect and includes the car you want.
4. Wait Until The End Of The Month To Buy
While some dealerships do have a set number of sales they need to make in a month, this isn’t the case for every dealership. So, while you may be able to receive a discount at one dealership, you shouldn’t hold this to be true for every dealership you visit. Essentially, the price at the end of the month will be the same as it was at the beginning of the month.
5. Special Ordering Is Costly
If you’re interested in special ordering a car, particularly a European one, you may think it will cost you more. This isn’t the case. In fact, you may actually save yourself some money in the long-run by special ordering through the dealership.
Buying a car can be a lot simpler–and a lot more complex–than you might originally realize. To discover more tips and bust more myths, visit our dealership for more information about buying new cars.