You may have heard that there are many things you shouldn’t tell your car dealers, but what should you tell them? If you want to get the most out of your car, there are some things you need to be clear about when you’re browsing the inventory and discussing financing options.
If You’re Ready to Buy, Say So
There are some varying opinions on whether or not you should tell a car salesperson that you’re ready to buy. Make a note that dealer time is money i.e. the faster they sell vehicles, the more they can make. You’re inconclusive on whether you’re going to buy a car soon isn’t going to be much help.
Tell The Dealer How You Really Feel About a Car
Don’t make the mistake of telling a dealer that you love a vehicle. You’ve heard this before too but how does this help you in choosing the right car for you? If you’re truthful with the dealership about your feelings, they may have more advice or opinions on the vehicle to help you make the right decision. Speak about your choice in front of a car dealer. The more you tell them about your choice the better they will find you a vehicle that fits your situation.
Don’t Be Afraid To Say- No
Don’t be afraid to say no if something doesn’t fit your situation or budget. This includes specific vehicles on the lot and the delivery paperwork. If you’ve second thoughts then don’t hesitate to say NO. Once you purchase a car, returning it- financed or not- isn’t an option at most dealerships. Car dealers bad credit are likely to follow up with you if you’re a serious buyer who simply needed time to think about the decision.
Tell Them If You Have A Trade-In
The timing of when to tell a dealership you’ve a trade-in is debated, but it’s a good idea to treat your car purchase and trade-in as two separate transactions. Experts always tell the salesperson that you’ve a trade in after you’ve decided on the selling price of your next vehicle. You’ve already gone through the negotiations with your next car and gotten the price to what you want, and your trade in equality can lower that price even more.
If you’re a bad credit borrower, you need to use your trade-in’s equity to meet a down payment requirement. Bad credit lenders need at least 10% of the vehicle’s selling price.
Have Bad Credit? Speak Up
If you have a bad credit score, don’t be afraid or embrace speaking up with your car dealer. They’re not so concerned with what your credit rating is. Your credit score doesn’t really have anything to do with the negotiation process on the selling price of the vehicle. Infact, there are several dealerships that are signed up with subprime auto lenders. They are called special finance dealerships, and help borrowers with bad credit, or no credit.
FIND THE GOOD AND RIGHT DEALERSHIP FOR YOUR CREDIT SITUATION
Finding the dealership can be a very hassle process. You can be prepared to talk to a car dealer, but if your credit score isn’t the best you may need special financing. Not every car dealer is signed up with bad credit.
Source URL: https://www.freedomcars.com.au/
