How to Buy a New Car for Less
A few simple tips can help you save money and find a vehicle that's right for you. And, with the right financing and smart moves at the negotiating table, you may be able to drive away with a real bargain. Here's four smart auto shopping tips to help get you out on the road in a new car (for less money).
1. Let Your Budget Drive You
Knowing how much you want to spend can help you stick to what you can afford, which will provide peace of mind during the car-buying process.
2. Explore Price
Edmunds.com suggests learning the invoice price, MSRP (Manufacturer's Suggested Retail Price) and New Car Blue Book Value of a car you're considering. This way, you're armed with information before negotiation.
3. Know the Right Time to Buy
Purchasing a vehicle close to the last day of the month may net you a better price, as many dealers have monthly sales quotas to meet.
4. Get a Head Start with Financing
Though 0% financing may be tempting, keep in mind that you may not qualify, and other options might be a better deal. Instead, do your legwork before walking into the dealership. At SCCU, we offer the best loan rates around, so check us out before you begin car shopping.