How To Negotiate When Buying a Used Car

So you've decided not to buy new. That's good -- a used car is cheaper and usually just as good as any new car. However, you still have to deal with those troublesome salesmen in order to get out of their lot without having your bank account ravaged.

Negotiate Successfully with a Used Car Salesman

So you've decided not to buy new. That's good -- a used car is cheaper and usually just as good as any new car. However, you still have to deal with those troublesome salesmen in order to get out of their lot without having your bank account ravaged. Let's go over some ways to prepare you for "The Big Negotiation".

  1. Be Prepared! Figure out what kind of car you would like. Do your research, get online and check out the review for the car you're after. Check out the average pricing and see what kind of value this car holds. Is it the car you really want? Does one used dealership price it for $2,000 more than the used dealership that's 2 hours away? Find out if there are any manufacturer defects, or recalls, and what the most common issues are with the car you have your eye on.
  2. Walk in with confidence! Car salesmen are like wolves -- they can smell the fear in you. You have got to walk in there, educated about the cars you want to look at, firm about your price, and carrying a trick up your sleeve. When you are prepared, you can get what you desire and drive out with a smile.
  3. That trick up your sleeve... You see that sticker price on the car window-- you do realize that is not the actual price, right? It could be higher, lower, or there could be very small fine print involved. If you have done your research, then you know how much your chosen vehicle should be priced. You should also have that exact amount in your pocket, so to speak. If you walk into a dealership, never ever tell them exactly how much you have to spend. If you have $25,000 to spend, tell them you are absolutely not willing to go over 18,000. Now, you know you will have to spend over that, and so does the car salesmen. They have little extras they don't tell you about when they are convincing you to buy this car. Things like:
    • Financing ...

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Author: Amanda Carter

Related Articles
- How to Get a Consumer Report for Cars
Buying a used car can be especially nerve wracking. Using several of these consumer report options to help you determine the current condition of a car as well as potential problems may save you money down the road. No amount of information will be 100% fail-safe. You may still end up with a lemon through no fault of yours or theirs. However, an informed buyer has a lot more negotiating power than someone who hasn't done the research and doesn't have all the facts.
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