Comments on: How to Get the Best Car Deal? http://www.askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/ Latest Credit Card News, Reviews and Information Thu, 20 Nov 2008 12:00:23 +0000 http://wordpress.org/?v=2.6.3 By: Clever Dude http://www.askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1293 Clever Dude Wed, 21 Feb 2007 01:26:44 +0000 http://askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1293 As for buying last year's model, make sure you're getting a good deal because depreciation hits instantly even harder than if you bought it when it first came out. You'll be hit even harder if the model has been redesigned for the new year. As for buying last year’s model, make sure you’re getting a good deal because depreciation hits instantly even harder than if you bought it when it first came out. You’ll be hit even harder if the model has been redesigned for the new year.

]]> By: Money Walks - Personal Finance » Carnivals around the corner http://www.askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1282 Money Walks - Personal Finance » Carnivals around the corner Tue, 20 Feb 2007 17:55:17 +0000 http://askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1282 [...] Ask Mr. Creditcard gives advice on How to get the best car deal. [...] [...] Ask Mr. Creditcard gives advice on How to get the best car deal. [...]

]]> By: Lazy Man and Money » Festival of Frugality #62 http://www.askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1280 Lazy Man and Money » Festival of Frugality #62 Tue, 20 Feb 2007 13:56:18 +0000 http://askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1280 [...] With the passing of Presidents’ Weekend, some of the best car deals could be unavailable. Or maybe there are even better deals of the left overs. Better yet, it’s getting towards the end of the month. Ask Mr. Credit Card has some great advice on how to save when buying a car. [...] [...] With the passing of Presidents’ Weekend, some of the best car deals could be unavailable. Or maybe there are even better deals of the left overs. Better yet, it’s getting towards the end of the month. Ask Mr. Credit Card has some great advice on how to save when buying a car. [...]

]]> By: Tim http://www.askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1227 Tim Mon, 19 Feb 2007 19:47:30 +0000 http://askmrcreditcard.com/creditcardblog/how-to-get-the-best-car-deal/#comment-1227 go to other dealerships to include a competitor car brand. when you do close the deal, go over there immediately. especially if it is on friday. car dealers really like to let other people drive the car you want to buy and may lend it out for the entire weekend. never get emotional about the car. be flexible in what you want. an eager beaver will spend more in the dealership. if you have a costco's and are a costco member, check out what the dearlship's costco price is if they have a buyer's program. if your bank has a buyer's program, check what the price is from it. you can normally negotiate a better deal, but it is good to know what buyer program's costs are. buying towards the end of model year is also a good idea for timing. to that extent, buying last year's model this year since it is still the same year model--that is, summer to fall is new model season, so when the 2008 cars come out, buy a 2007 car since we are still in 2007. take a look at "program" cars, which the dealership will probably try to sell if they have 2008 cars in the lot and want to get rid of 2006 program cars. I normally figure around 15%-20% below dealer cost on program cars. the problem with program cars is that they are like rental cars. no one using them cares about them. go to other dealerships to include a competitor car brand.

when you do close the deal, go over there immediately. especially if it is on friday. car dealers really like to let other people drive the car you want to buy and may lend it out for the entire weekend.

never get emotional about the car.

be flexible in what you want. an eager beaver will spend more in the dealership.

if you have a costco’s and are a costco member, check out what the dearlship’s costco price is if they have a buyer’s program. if your bank has a buyer’s program, check what the price is from it. you can normally negotiate a better deal, but it is good to know what buyer program’s costs are.

buying towards the end of model year is also a good idea for timing. to that extent, buying last year’s model this year since it is still the same year model–that is, summer to fall is new model season, so when the 2008 cars come out, buy a 2007 car since we are still in 2007.

take a look at “program” cars, which the dealership will probably try to sell if they have 2008 cars in the lot and want to get rid of 2006 program cars. I normally figure around 15%-20% below dealer cost on program cars. the problem with program cars is that they are like rental cars. no one using them cares about them.

]]>