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Some tips about buying your car online and save $$$Mar 02 '01 Write an essay on this topic.
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The Bottom Line Tips for car bidders online. Be careful. Here are just a few hints.
Approximately $500 is saved for customers buying online according to J.D. Power and Associates. Here are some helpful hints that I use to consider when bidding on an online car purchase site 1. Negotiate from the dealer invoice price. Do not and I repeat do not negotiate from the manufacturer's suggested retail price. I suggest you take a look at www.Edmunds.com for current dealer holdbacks and incentives which will give you how much a dealer can give you without hurting his own pocket. 2. Be real and take the good price when it comes. Don't try ridiculous ploys such as subtracting dealer rebates and holdbacks from the factory invoice and then offer $1200 less. You'll just irritate your dealer. 3. Place your bids at the end of the month. Dealers need to meet monthly quotas...and they may offer more seductive offers if they need to make numbers. 4. Besides sales taxes, advertising costs as well as title and documentation are added to your agreed on price. Be sure you follow-up with what is not included in the quoted price. 5. You may want to sell your old car in a separate deal. CarsDirect.com has a service adviser arrange for inspection and appraisal with a local retailer, so you can apply your trade-in to a down payment. Priceline.com won't consider trade ins and GM Buypower requests trade in information before they give you a new car price quote. And most car experts recommend that you do not say you have a trade-in until you have locked in your new auto price. Have fun and just remember this is a huge purchase so you should be careful. You can save money using a very thoughtful, circumspect approach. |
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