A Consumer's Guide survival for new car buyers

My uncle was a wise man in July. He drove a taxi in New York for over 30 years and before he could apply for a learner's permit I caution with these words When you buy a used car you are buying someone else's problem. How right he was! However, economic considerations often dictated buying a new car out of the question and a warning from Uncle Julio always true.


Around 1973 I bought my first new car, a sporty Dodge Dart, painted yellow taxi. I was a pilot with little experience and want to be seen. More importantly, followed the results in the April issue of Consumer Reports, which gave the car its highest rating. It was a great tip for the moment. Campaigns Ralph Nader consumer to increase safety and quality of Japanese cars built cars that come out of his childhood, while the Big Three automakers reigned. But even with the recommendation of Consumer Reports was a dog my Dodge mostly due to inferior technology and standards of the time. Fortunately, times have changed and the cars have improved greatly thanks to the combined efforts of activist Ralph Nader consumers, the influential magazine Consumer Reports, and competition conducted by the Japanese auto industry. What has not changed is the sales practices of new car dealerships and for this reason alone a survival guide becomes serious need for consumers looking to buy a new car. This writer has been through the ringer with new car purchases and maintenance that follows what is an experience of more than 30 years, as my uncle Julio, who I share what I learned. Be prepared to be surprised.

There are car dealers for a profit, should not envy them at all for it. It's a retail business very hard. Profit margins on car sales are particularly low in contrast to retail sales of other products. For example, a dealer to purchase their cars from manufacturers of several thousand dollars less than the suggested retail price (MSRP), less confidential bonuses, incentives, etc. The lower the passenger vehicle is smaller profit margin. I worked in the fine jewelry business right from high school and soon learned that the fine jewelry marked at least 100% with the goods moving much faster than new cars in a showroom cars. So the bottom line is this, dealers are going to squeeze every last penny out of customers to meet their exorbitant costs, payroll, taxes, etc, but they must sell cars to stay in business, while consumers want the best deal possible.

My first rule of thumb is to take over the purchase of new cars before having to buy a new car. What would you do if you suddenly found himself without his wheels of confidence If you walk into a dealership the next morning, without preparation, Gotchya! Today, right now, decide what size car you need should occur this stage and do whatever is necessary to improve its solvency. Forget the TV show car ad hype and busty girls in car shows. This is a serious matter. It is true that the best independent investigator of any car model year is from Consumer Reports. If not a subscriber CR go to your local library and look for its latest edition of April and the April last year, run the annual Auto buyer. When the April issue of CR hits the stands in early March to buy and keep for reference. Is your issue with the largest circulation and for good reason, you will learn which car is the most reliable, cost effective and safe in its class. If you like his style or not I, besides, this is the car that can also give an idea of ??the preferential purchase. The safety of you and your passengers should always be your primary concern, and the predicted vehicle reliability and repair record.

Never, ever walk into a showroom and the answers to the questions that volunteers have been asked! The less you talk, the better your negotiating position. And do not expect to finance the car through the dealership! That is a greater than Gotchya cost him dearly. ARRANGE YOUR FINANCING IN ADVANCE! Compare before you buy! Your credit score determines your best offer. If you are a military member or veteran's family immediately contacted the Pentagon Federal Credit Union and if you are related to the service's contact Navy Federal Credit Union for quotes. If you do not qualify for either, and even if you do, get a reference price in the neighborhood of credit unions without consulting with banks, and that price should not exceed 36 months. Credit unions are very accessible to the user in case of unexpected financial problems. Timely communication with the local credit union can prevent a takeover, which is more likely to occur if you finance through the dealer or bank. Never talk about trade-in. Plan to keep it or sell the old car privately for top performance.

There are several plans and programs that claim to offer great deals on cars. However, only two deserve consideration. The reason why others do not have much value is that the dealers compete for your business or compete to set the rules to ensure best results. A clever marketing partnership today combines the Costco area dealers and the placing of a new car at the entrance to Costco with a sign that says Ignore the sticker price. Members pay less. Dealer sets all the terms, especially the price. In addition to this scheme of a magazine for the car buyer, Costco Auto Program welcomes guests as they leave the store. No competition here is just another version of the showroom dealer, but psychologically the car and show the magazine is in an environment where prices are geared to consumers and the subconscious suggestion is that this is a purchase agreement worthwhile. Not!

Consumer Reports offers the best technique of buying second car. But beware, unless you, the consumer, are experts in the handling of price negotiations (most of us are not) this technique is probably not for you. Basically, for a fee that will help consumers find the price the dealer paid for a car (dealer invoice). From there you, the consumer, work up with the price you are willing to pay. This is a great technique, but unless you have experience in handling such negotiations the dealer will have a big advantage. The seller will try to down the MSRP to optimize peak performance.

My favorite technique to buy car costs just $ 200.00, you can save more than $ 5,000.00 (less than the MSRP), available throughout the continental United States and is led by CarBargains. nonprofit org online. To start the process to know exactly what make and model you want to buy (including the number of cylinders, options and accessories, see Consumer Reports magazine) and forget about color. So CarBargains obtain a series of commitments by phone distributors specific area for your car. Independent distributors competing for your business for the same car and never waste time comparison shopping. So let's say the lowest quote for your car A comes from a dealer 50 miles away, but the nearest dealer is bidding the price higher. The strategy is as follows call the local sales manager, the name is provided by CarBargains, and make an appointment to meet with him or her and only him or her! That person is not on commission, while the salesman works on commission and whose time is precious when you take a test drive and do not know enough about the car you want to buy.

When is the best time to meet the sales manager ALWAYS between 815 PM and 830 PM - these people have been working all day and wanting to return home, he is ready to close the deal (sale) so take your sweet time! If possible, plan to buy the last week of the month for the dealership can meet their monthly quotas. Of course, if you need the car at the beginning of the month, you need the car at the beginning of the month! You should make copies of the lowest bid and bring at least two photocopies of the original (not the original) with you. Again, be prepared to be committed to your credit and financing for each person should have their own calculator to check and understand all the figures involved in the sales contract and do not hesitate to challenge any number of money you want to delete. No wonder the sales contract dollar amount higher than the price agreed verbally, so BE VIGILANT! Any dollar figure does not make sense can be eliminated. If you are a female shopper to enter the exhibition hall with at least one man, calculator in hand. Sorry, no offense, but it is the nature of the beast. Only when asked, do you know the person Finance This is a cash sale, and reject all attempts to dealer to finance through the dealership. Never exhibition GaGa the emotions of buying a new car (pretend you're buying asparagus) and do not be talking in the endless options that will be thrown in your direction. Either option can always be added later by an independent organization at a fraction of the price of the dealership. Even the most basic cars today are factory equipped with the necessary options, including air conditioning. Everything you want the dealer to do is compare the lowest bid but ok if you have to pay more than $ 300.00 to $ 500.00 for the convenience of a local dealership. Entering the exhibition hall at 1000 am and will be sequestered throughout the day with a vendor of back and forth to the sales manager and both will be waving his arms, shaking his head, wincing and looking to the roof of divine intervention. Guaranteed! It's only law and nothing more than an act. The following paragraph reveals the absurd nature of all the sticker price, as a society, purchase of vehicles that were programmed to believe he had to negotiate.

Consider this documented example of a consumer who buys a new car using the technique of CarBargains after relying on Consumer Reports for due diligence. Each new car factory has a federally mandated label measuring approximately 16 X9.5 with predominantly blue and white colors and glued to the side window. Its key features include a list of standard equipment, mileage estimates, the ratings for crash tests, and joke MSRP for the Holy Grail. The sale price for this car is listed at $ 24,250.00, less discount special edition $ 900.00 or $ 23,350.00, destination and handling add $ 595.00 for a total price of $ 23,945.00 vehicle! Right next to the federally mandated label the dealer places a much lower sticker boldly DISTRIBUTOR, entitled Additional Information in the design of the same color as the factory sticker showing the new $ 23,945.00 MSRP additional charge of $ 695.00 per appearance package (whatever that is), and a market value of $ 995.00 (whatever!) for a new total price of $ 25,635.00, including destination and handling, which now costs more than $ 1,690.00 the original discounted factory sticker price. Immediately below this price of $ 25,635.00 bold claim CONSUMER PROTECTION-This tag is not an official sticker factory or government. Huh Yes, it is actually written, The protection of-the-CONSUMER! Sophisticated buyers (and there are many) will pay this amount or close one to this number. CarBargains technique using the consumer actually pays the purchase price of $ 20,762.10 or $ 4872.90 less than the dealer expects to realize. The car was a 2007 sedan purchased upgrade six-cylinder mid-December 2006. This sale was a win-win proposition. Buyer pays a reasonable price and the dealer made a profit on the basis of the referral CarBargains with less time spent on just an act. I hasten to point out with this new total purchase price and realistic that the consumer is still liable for the tax state title, which now costs less money, and nickle and dime fees that might be negotiated. The tax is not negotiable, but the fees are less than $ 500.00 were not challenged by the consumer. For the sake of clarity, the total price of finished vehicles, the total price and total purchase price and synonyms are interchangeable depending only on paper they are printed and represents the lowest all-inclusive line for the vehicle.

As an aside, if the car purchase is carried out between model years, consider buying the new model. The few extra dollars to spend will be worth more later when you finally sell the car.

This article was written in anger that the result of being treated like a fool when I bought a new car. There is nothing easy about buying new car. In many respects it is a humiliating and demoralizing experience. Although it may appear that the dealer has the advantage of controlling and exhausting the buyer in the negotiations, is the consumer who holds the real power, just standing, doing a scene and walk to the door (the buyer's version only  Act ). This strategy generally sober sales staff to their senses and responsibility to sell the vehicle regardless of whether the vehicle is a basic sub compact high-end luxury or performance car, minivan, SUV or van.

Manufacturers like to claim that their cars retain their resale value. Such advertising is only true if the consumer bought the car at a reasonable price, and funded by not more than three years through a neighborhood credit union. As a sign that the new car at Costco says Ignore the sticker price ...

What about the dealership Google, the following expression RANKINGS car dealership. Several respected sites including Edmunds.com, post consumer feedback regarding the sales and service of individual licensees and Edmunds also provides must read articles under the title Insider Secrets. Know your dealer! These sites are worth their weight in gold. This is especially true when the dealer has a lot of negative comments after receiving suspiciously five star reviews. Caveat Emptor. Whoever buys it. Feel free to post your own experience with the dealer on one or more websites dedicated to this purpose. Your honest opinion is to advise fellow consumers and could possibly serve as a motivation for unpleasant operations to clean up your act. Now we live in the Internet age, it's time for the automotive industry to rethink their decades of obsolete business model car sales retail quality cars that are more affordable and are sold without recourse to high pressure and deceptive sales and service tips. The technology exists.