Car buying may sound pretty thrilling, especially if you are about to get your dream car. However, the crux of the purchasing process is finding the best deal. As car investment has several things to consider, like RTO charges, car insurance, financing, etc., it might be quite challenging to align all these components to get the best deal.
In this article, we will reveal some of the insider’s secrets to get the best car deals possible. Are you a newbie to car purchasing? The tips listed below will surely help you get the best price for your dream car.
How Can You Crack The Best Car Deals?
There are major things that constitute a car’s cost, like car insurance, accessories and services costs, ex-showroom price, etc., which can amount to a considerable sum. However, there are many ways to negotiate or reduce the price by choosing smartly. For instance, choosing online car-buying platforms like Acko Drive will waive hidden charges and other processing charges. Likewise, here we will discuss the top 8 tips suggested by experts.
● Research And Compare
Every purchase starts with extensive research and comparing prices. Begin by researching the market value and exchange value of the model. Check what you are securing by purchasing that particular model. Moreover, compare and shortlist sellers offering lower ex-showroom costs, more customer benefits, etc. In this case, a platform like Acko Drive can help incredibly, as you can compare multiple products to find the best one.
● Begin With A Lesser Price Range
Never begin with a higher-priced quote. This immediately reduces your scope of negotiating it to a reasonable price. As the experts reveal, always begin with the lowest possible quote so that when, in the next offer, you are slightly increasing the price, the seller is more likely to be satisfied. In this manner, you can get your dream car within your budget.
● Choose Online Process
Several times, you might have wondered how car-selling platforms like Acko Drive offer such competitive prices or work with such transparency. This is because their operations are done within an online framework. Hence, they do not have any unnecessary processing fees or charges like agent commission, etc. Moreover, you can connect with multiple dealers without stepping out of your house. Thus, opt for online choices whenever possible.
● Purchase At The Right Time
Another major tip shared by the experts is to choose the right time to purchase your car. Like at the end of the month or year, since at these times, sellers have certain targets to fulfil, they are more likely to settle for a lesser price.
Moreover, many dealers offer year-end or month-end sales. Hence, purchasing during these times can reduce the cost of the car considerably.
● Walk Away If Needed
While negotiating, be confident and maintain strong body language so that your words convince the seller. The more hesitant, unprepared, and easily influenced you are, the more likely the seller will target you and might not consider your negotiations. Lastly, if the deal is not in your favour, politely decline and smartly walk out. Do not worry; you will get many better options.
● Ask For Discounts
There are various discounts that dealers might not state if you don’t proactively ask. You can ask for benefits like dealer, finance, corporate discount, loyalty and exchange bonus, concessions on additional charges, etc. Be quite positive and assured while asking so that they feel you had expected these discounts.
● Listen Before You Speak
When you purchase a car, do not be in a hurry to close the deal. Rather, take your time and listen very carefully to what they are offering and explaining. This will help you identify loopholes and ask questions. Moreover, you can be friendly but do not be overly friendly. You might speak out of some weakness that can benefit the seller. Hence, think twice before speaking.
● Opt For Financial Pre-Approval
According to experts, pre-approval of financing your car is important. Once your financing has been pre-approved, you will have an idea of the interest rates and other similar information. This will aid you in negotiating more effectively with the dealers.
Final Thoughts
Undoubtedly, buying a car is both enthralling and exhausting. Hence, you should take your time while indulging in this activity so that you get the best deal possible. If you are confused about how to begin, abide by the tips shared above to simplify the process.