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Reply #8: Do your research on a particular car/s you like [View All]

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BlackVelvetElvis Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-28-04 11:01 AM
Response to Original message
8. Do your research on a particular car/s you like
and do it thoroughly. Find out if there have been any recalls or problems with the make/model/year. That could save you headaches later.
I agree with several of the others here: ignore the sticker price and go with a little over what the dealer paid for it.
Show up at the lot with the research as well as some loan guarrantees from a lender. This will give you some leverage and show them you mean business.
One thing to watch for: don't let the dealership try and get you to think in "lowest monthly payment" terms. They will make more money this way. Go with the bottom line.
Most of all, if you don't like their offer or they refuse yours, walk out the door.
I did all of those things and got a great deal.
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