4 Great Tips for Buying Your First Car

By BankBazaar | August 31, 2015

A car is special for many reasons, especially when if it’s your first. We have a few top tips which might get you a great deal. Let’s check them out, shall we?

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Timing is everything: December is the best time to buy your new car as companies’ advice potential customers to make their purchases to avoid a hike in prices at the beginning of a new year. Also time your visit on a weekday rather than a weekend as the business is slow on weekdays and the salesperson is likely to make you a good offer. When buying cars, “Timing is money”.

The invoice price: If you have zeroed in on your dream car, it’s time to look up the invoice price. It’s the price the dealer pays the manufacturer for the vehicle. With an exception of brand new models or an all new version of the car you should be able to get your car of choice closer to the invoice price.

Dealer research: Buying your car from a reliable dealer will save you time and money. Do your research about dealers on websites which allow customers to leave their reviews about dealerships in your city. Talk to your friends and neighbours who have recently bought cars. A second opinion does matter.

Meet the sales manager: When you are through with the research, call and get an appointment with the sales manager of the shortlisted dealership. By doing this you are sending a clear message that you are serious about the deal and you know what you are doing. A straight shooter is better than a salesman.

The prices and the guarantee of a good car deal may vary with your requirement, supply and demand of that particular model. But following these top tips will set you in the right direction to negotiate better. Now that you’re equipped with the right information, the only thing left to do is to check out our range of car loan offers.

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