Sunday, November 25, 2007

How To Buy A Used Car Cheap

by Terry Bolton

Getting a used car cheap doesn't necessarily mean getting stuck with the lemon on the lot. Making a sweet deal is as easy as waiting for just the right moment to negotiate a price. There are times when salespeople are more likely to bring the price down. In this article, we'll reveal the secrets used car salespeople don't want you to know.

Timing is everything when it comes to getting a used car cheap. Monday nights are a good time to purchase a vehicle because sales promotions are usually targeted for weekends and the following Monday. The end of the month is also a prime time to find a used car cheap. Car dealers, sales managers and salespeople have to make monthly quotas, so they are more easily persuaded to negotiate with customers late in the month. Sales managers are required to sell of a certain number of used vehicles in a given month in order to make their bonus. When there are only a few days left in the month, sales managers are very motivated to move their inventory. The end of the year is perhaps the best time to get a used car cheap - especially if you're looking for a relatively new used car. This is because the new models are coming in and car dealers want to get rid of the last year's stock. At the end of the year, most sales managers are likely to accept almost any reasonable deal that you offer them. The salespeople are in prime selling mode, so as a consumer, this is your time to pounce on a great car deal! Since they are so eager to make a sale, some savvy bargaining could bring an out of reach car into your price range. If a salesperson isn't willing to negotiate, move on to another dealership. There will always be someone else who is as eager to make a car deal.

If you've been keeping an eye on the classified and online ads, you may have come across some promising private sales. Private sales can be a good resource if you want to buy a used car cheap, but be aware that the vehicle will NOT come with a warranty. If you don't know much about cars, be sure to take along someone who is knowledgeable. A car may look good on the outside, but a fresh paint job can hide a multitude of sins. Do not purchase the vehicle until it has been inspected by a mechanic of your choice. Ask the current owner why they are selling the car, how long they have owned it and if the car needs any repairs. Of course the vendor will skim over any existing faults, so be VERY sure that the vehicle is in good condition before you hand over your money.

You can buy a used car cheap but that doesn't mean you're getting value for your money. Don't be tempted to purchase the first car that appeals to you. Be patient and wait for a time when the salesperson is more likely to sweeten the deal. Of course you have to strike while the iron is hot, so if you come across a great car deal, go for it!.

No comments: