buying a new car - tips for a buyer

So, you've decided the time has come for you to change over your current car and you have a few cars in mind, what now. Well, if you really want to purchase a 'new' car, make sure that you have the following thoughts in mind:
When getting a quote, remember negotiations are allowed, never go for the first price unless you see they have given you a discount. Negotiate the license, registration and admin costs as well. Cost for Liscensing a vehicle is between R550 and R900, the extra charges for admin can be negotiated as well, if the dealership is not willing, are they really worth your business? When getting a trade in price, remember to ask what trade and retail is, trade is what a dealership can pay up to for your car if it is in very good condition, retail is what they can an will resell for. Make sure you are getting the best deal possible.
Ok, New vs Demo, When you purchase a new car, you lose a great % of it's value once you drive out with the car. So,consider looking at a demo vehicle. Demo's are great value for money, as you can many times save between R10 000 and R40 000 (depending on make and model) of the purchase price.
Finance, remember, finance is also, always negotiable, banks often just give a prime +3 rate in the hope the client knows no better, but now you do, so ask the finance advisor assisting you to negotiate a better rate, 9 times out of ten you will get a better rate. If you have a bad credit rating or are a first time buer this is a 50/50 chance you have to better your interest rate, try anyway! But,if you come to Find My Ride, we will negotiate all of this for you anyway!!! I hope this gives you some insight into the car buying world we will be posting much more info and advice.
Future posts will include:
Finance - do's and don'ts
Insurance - what you need to know
Trade ins - sell privately or not
Finance - is HPyour only option?
Any topics you would like discussed - let me know...
Till next time
Find My Ride
www.findmyride.co.za