Forbes Offers Tips To Car Buyers
by EVANDER KLUM
All year round, car buyers visit dealerships across the country to purchase a new vehicle. The number may be less than last year or last month but there will always be an American buying a new car. Making a decision though when buying a car is a tough task if one does not know what to do and what not to do when dealing with sales representatives. It is also a matter of importance that a person knows how to compute the payments monthly and decide which car they are willing to own for five or more years.
To help consumers around the country, Forbes recently listed ten things that a consumer should never say to a car dealer. These are things that might give an opening for sales representatives to pitch in their offers which might cost you thousands in the future. The first thing that a consumer should never say is "I'm ready to buy now". According to Forbes, saying this "shows that you're too eager and willing to consider an offer, and it also gives salespeople the advantage by allowing them to talk you up as opposed to you talking them down."
The second thing that Forbes advises consumers not to say to dealers is "I can afford this much per month". Rob Gentile, the director of car buying products at Consumer Reports, said: "Don't tell the dealer what you're willing to pay per month. This is the biggest mistake a shopper can make. Often the dealer will focus on a monthly payment scheme, insisting you are receiving a great deal, but at the end of the day you won't really know what you paid."
The third tip is to refrain from mentioning that you have a trade-in. Leave it until the deal so that salespersons cannot distract you with talks about how much you can save if you trade-in your old car. If they give you a price that you deem too low for your car, then you can sell it yourself on eBay. Nowadays, the Web is an ally of auto buyers just like in buying auto parts such as Acura air filters.
Another thing that buyer should never say is "I'm only buying car with cash". Forbes reports "car dealers make a significant chunk of added profit when they sell you financing". Also refrain from saying that you are still undecided as to what model you want to buy. Chances are, they will try to sell you a model that will give them more incentives and it will leave you with a car that you "neither wanted nor needed". Forbes also advises consumers not to allow sales representatives to know that you are in love with a certain car as they you will not be given the best deal knowing that you will be ready to pay for the vehicle at any price.
The report also said that consumers should not ask for popular options as the dealer might push their extra services which you might not really need. These add-ons will increase the price that you have to pay. Also, don��t say "What's the lowest price you can give me?"; "Sure, I'll look at the numbers with you." and "I think you can do a lot better than that."
