What if a dealership doesnt have car
So, he might not be as moveable on purchase price if he already knows he isn't going to make any money off you from financing. This likely holds true if you've been preapproved for financing. It's best not to reveal your hand on the outset that you don't plan to use dealer financing before you negotiate the vehicle price. It's not necessarily bad form for the buyer to tell the car dealer up front that he's strongly considering financing the car through the dealer -- and then, later, saying, "I changed my mind," after negotiating the purchase price.
Finally, confirms Bill, "It's OK to say you've been to other dealers, because cross-shopping between two dealers is always a good idea. From the dealer standpoint, customer service is what separates one dealership from another dealer who sells the same brand.
Some customers are willing to pay more money if they were treated right during the purchase process, because that's a pretty good indicator that you'll also be treated right later on, when you come back to have your car serviced or repaired.
Share this on:. Story Highlights Getting more for your trade-in could just increase the price of the new car Having your own financing will save you money on interest rates Paying cash may hinder your chances of getting the best deal Talking about monthly payments might confuse you on the actual car price Next Article in Living ».
By Kevin Ransom. E-mail to a friend. Mixx Facebook Twitter Digg del. From the Blogs: Controversy, commentary, and debate. Sit tight, we're getting to the good stuff. From psychiatrist to 'Butcher of Bosnia'. Why trial could take years. The dealer may specify that only certain systems are covered. If you buy a car that comes with a warranty, make sure you get a copy.
The warranty gives detailed information, like how to get repairs for a covered system or part. Make sure you have the VIN when you call. A service contract is a promise to perform or pay for certain repairs or services.
You can buy a service contract anytime. Prices and coverage vary widely. But if you buy a service contract covering the engine, you automatically get implied warranties on the engine. These warranties may give you protection beyond the scope of the service contract.
Make sure you get written confirmation that your service contract is in effect. If you have a problem that you think is covered by a warranty or service contract, follow the warranty or contract instructions to get service. Learn more about buying and owning a car at ftc. Federal Trade Commission Consumer Information. Search form Search. Buying a Used Car From a Dealer. Share this page Facebook Twitter Linked-In. The more you know going in to the dealer, the better you'll feel driving out.
If one dealer needs a vehicle another one has, it will take a like vehicle to make the trade work and sometimes, that is just not possible. This is the least expensive way to buy a car. The dealer has the most incentive to give you the best price, even with the shortages.
If you find a car that is close to what you had your heart set on, changes can be made. Let's say you find the perfect car except it has a cloth interior and you wanted leather. Today, leather can easily be added to any vehicle. The same is true of navigation systems, moon roofs, DVD players, wheels, etc.
If you decide to adapt the car to fit your desires, be sure to see what it will look like when finished. Ask if the item being added is factory or aftermarket, this can affect quality and warranty. Add-on items generally cost a little more than the same option from the factory but is often much cheaper than the dealer having to get the car from another dealer. In summary, if you can buy out of a dealer's stock, you'll save money.
However, you are spending a lot of money, so make sure you are pleased with your choice. Editor's note: This article was late updated on June 29, with new information.
From police officer to top-selling Ford dealer to on-air car expert, Jerry helms our weekly radio show. Since selling his dealerships in , Jerry has pursued his top three passions: helping consumers have a great car buying experience, supporting the military and first responders, being a loyal servant to his dog! While Jerry admits to hitting the pedal to the metal on test drives, it's all the service of finding out just how fast he can go from 0 to Advice , Car Buying.
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