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Thursday, June 4, 2009

3 Tips To Getting A Deal On A New Car

By Nancy Emerson

How many people do you know who have bought a new car, driven it off the lot, and then felt like a chump because the car dealer pushed them into an impulse buy? They made a deal and didn't realize until the paperwork was signed that they had been taken. There are at least three things you can do to position yourself to make a better car purchase: Plan ahead, pre-arrange your own financing, and choose the right time to buy a new car.

We've begun with only a few insider secrets to buying a new car, but they are ultimately important because a car purchase is perhaps the second largest purchase you make in your life. The first is your mortgage. It is important to plan ahead and know what you want and to know your budget ahead of time.

When dealerships offer "financing packages" they are really trying to sell you another product in addition to the car. So many people wander into a car dealership not knowing what their credit score is like. This immediately gives the dealer the upper hand. Know your credit and arrange financing with your own bank. This will put you in a better bargaining position.

Timing is also important in making your new car purchase. There are good times to buy and better times to buy a car because dealers are under constant pressure to perform through sales. Understanding dealer timing cycles will allow you to use them to your advantage when buying a car.

We've only scratched the surface of new car buying secrets. Plan ahead, know what you want, arrange your own financing and know when to buy, and you will be ahead when it comes to buying a new car. In order to master the insider secrets before your next car purchase get the dealer's play book of persuasion tactics. You'll be alert to their techniques and in the best possible position to make a sweet deal on your new car.

Taking the House Edge can save you thousands of dollars and a lot of frustration on your next car purchase. This will prove helpful whether you are buying new or used, leasing, or have a trade in. - 21392

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