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4 Step Guide to Getting a Great Price on Your Car

This is a sponsored post.

Finding the right car and deal is not always easy, but nowadays, getting a great deal is possible thanks to the internet.

Because of this, it’s becoming increasingly popular to conduct car purchases online.

Of course, at some point you will want to test-drive a car and negotiate with a car dealership.

However, you can do the bulk of the ground work online before you ever need to meet or speak to a car dealer.

Step 1: Do your research

The key is to make sure you carry-out effective online research. A first step is to hone in on the type and model of car you are looking for.

Cars.com is a great starting point for your research – simply search for cars for sale based on what you’re looking for.

Their search options can take into account many relevant variables, including the budget you have available, car size, engine size, fuel type, and so on.

Soon enough you should have narrowed down your search and have a very good idea of exactly what car you wish to purchase.

Step 2: Set a budget

Using the same determined research, you should also investigate how much you should be paying for your chosen model.

Are there any discrepancies between the dealer’s price and the manufacturer’s price? Make sure that you are not paying more than necessary and check what can be negotiated.

You should also search a number of dealers to compare and contrast potential hidden fees and costs that need to be factored into the purchase.

If you are looking to trade in your old car, online investigation is a crucial part of the process.

Check out second-hand car websites and see exactly how much your car is actually being sold for.

Dealerships usually provide a higher price, so it’s smart to be armed with the real market price.

Step 3: Shop around

If you now know what you want, then you are well placed to take the final few steps before making a purchase.

You should collect a few online quotes tailored to your specifications. This will place you in a position to haggle.

It’s also a good idea to check the local inventory online which will tell you exactly how many cars are available at any given moment.

The more available, the better your bargaining position will be.

Step 4: Negotiate the price

You are now in a position to negotiate an online quote from a dealership. You don’t even need to speak to anyone yet, as most dealerships are now happy to provide this service online.

Cars.com makes communicating with sellers extremely easy. All you have to do is click on the “Check Availability” button for the car of interest, and a pop-up will help you write a message directly to the seller.

Use the cheapest online quote as a benchmark and make the case for having the price reduced or at least fees relaxed or scrapped altogether.

Once you have a deal you’re happy with, you can hopefully sign and drive away in your brand new car.

Thanks to Pictures of Money for the featured image.

About Ronnie E.

Ronnie is the frugal Latina of the group. Hailing from the beautiful Andes Mountains in Bolivia, she lives and breathes frugality. She loves to figure out how to spend less money and takes on the challenge of finding great deals and cheaper options every day.

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  • kelly recci

    I am not planning to get a new car but this definitely a good guide. We should always consider the car that we really want then set a budget for that.Get a quote for multiple dealership to have options.

  • My husband and I did a lot of car research earlier this year before I got my car and man did we get a good deal!! Research is SO worth it!

  • Evelyn Lo Foreman

    What a long way cat buying has come!! When I was in college (early 90s), and the internet was barely up and going, it was a whole different e perience. Your 4 step method is great advice, and with the help of the internet, you’d be armed with some great research! 👍🏼

  • Kimberly Lewis (Lou Lou Girls)

    I really needed this! I never know how much to ask for my cars that I sell!

  • Julie Syl

    I will definitely share this with my friend who are planning to buy her new car. I am sure it will help her s lot. Research is so important.

  • Nadalie Bardowell

    I think the last tip is pretty important. There is usually always some wiggle room to lower the price down. And like you mentioned, researching is a wise thing to do when it comes to cars. I think even after you want to purchase a car, it’s probably best to sleep on it before buying it.

  • Excellent tips! I’ve bought one car on my own, one with my husband and we’re close to buying another one. Research is vital! It’s so easy for people who don’t know their stuff to be taken advantage of.

  • Karlyn Cruz

    Research is the most vital here. I think once you’ve researched the actual car and then of course setting the budget. I’ve also seen people get dooped because they’re offered monthly payments but without calculating how much it’s going to cost over time, you never really know how much you’re paying. These are all such great tips! And down to the point!