What is the best way to negotiate with car dealers?
I am looking to buy a new car this coming Saturday.
Now it will be on finance but my question is…
What is the best way to get money off either the deposit or monthly payment or both??
Any tips would be appreciated.
P.S It will be with ford.
Related Items
- What is the best natural way to lose weight FAST?
i want to lose weight so i look good for my first year in high school (which starts on august 29)...so i was wondering what the best way to lose weigh... - whats the best way to learn guitar without paying money for lessons?
i want to play real songs not the songs that are just picking(i used to be in guitar for my elective) i really want to learn, but my mom wont let me t... - How to learn guitar and which one is the best?
I really wanna learn how to play the guitar, but I dont have the money for lessons so what is the best way to learn by myself????? And what is the bes... - Is there any difference if i clean my car inside with furniture polish?
We are getting a new car and we have all the "good intentions" of looking after it properly, you know, the way you do with anything new. So we are tal... - How the car overtakes a bike when both are travelling at a same speed?
I want to know how the car overtakes a bike even when both are traveling at a same speed.I will put my question in a easier way. Ex:A bike and car tr... - What is the best car for a beginner to convert to a rally car?
I want to know what is a good cheap car to convert to a rally car. A few I know of are toyota celicas, imprezas, lancers, ford focuses, and the vw gti... - How do you sell a car to be junked or for salvage?
I've been trying to find one, but don't know how to do it. For the last few months I've been trying to junk my old car (no longer runs) for scrap. So... - What is the best forex robot available and do you recommend?
Im very interested in getting a Forex robot to trade for me. I have heard great things about forex robots, But I am not sure which forex robot works t... - Why is my first car finance repayment more?
I recently bought a car on finance. The first and last finance repayment are much more then the agreed monthly fee. This is my first financial 'loan' ... - Is there possibility to find car finance in uk if u have low credit score?
I am employed and my income is 800 Pound a month, is there way i can find a car finance ... - Finance on a car. What can you do if your lost your job and cant afford the paybacks?
got brand new car mid last year job/money has fallen what can i do ? i have a 5 year finance with through the bank. is there anyway i can down grade s... - What is the best option for my girl friend finance or a loan from the bank ?
she just passed her driving test, she wants to get a brand new car I have always had second hand cars and paid for cars right out. What is the best ... - Does anyone know of a finance company that will lend money to a discharged bankrupt?
I declared myself bankrupt in June 2005 and discharged Feb 2006. Try as I may no one will touch me with finance for a car. Is their any company that w... - What happens to a car if you die and still owe finance?
Recently my cousin has died. He had his car on finance, he has paid over half of the finance back to the company. When he died he left no money etc. W... - What kinds of activities do you do with 6 and 9 years old boys on a Rainy Saturday without spending any money?
I don't want them to play video games and watch TV all day. I don't want them to run around the house like wild monkeys either. They are not into qu...
August 22nd, 2010 at 9:43 am
Get pre-approved at a indenpendent lender. DO NOT use Ford Credit to finance this car.
If you go to a local community bank or Credit Union and get pre-approved for a loan you will already know how much you can spend and how much your payments will be. Determine how much money you can spend out of your available cash for a down payment.
At that point all you have to do is negotiate with the dealer to meet your price.
Dealers make all of their profit on the financing. The facts are a dealer makes less than $100 if you pay cash for a car. If you finance the car through them, they make as much as $3000.
If you don’t use them you keep the upper hand in all negotiations because they can’t play shell games with the numbers. The only number you are negotiating is the price of the car. Tell them you have $X for a down payment. Tell them you will buy the car, you’ll bring them a check on Monday, if they will sell it to you for $XX. Sit firm and let them come to you. If they won’t, walk out and go down the road. There’s other Ford dealers nearby.
August 22nd, 2010 at 10:26 am
Main thing, don’t buy from Ford dealer!
2.5 years ago I bought a new Fiesta HIA. List was about (memory not so good….) £13,800 list. I bought from “new car supplier” dealer who buys from a Main Dealer who supplies the big car rental companies. I paid £10.800.
You don’t get your log book for 6 months as it is “priced” at new rental car purchase price and they can’t be sold for 6 months so Log Book is not supplied until then by Ford.
All perfectly legal and with full warranty! 2nd car bought from same Warwick shire dealer! If you want the contact details email me!
August 22nd, 2010 at 10:59 am
Remember….check out all the current Rebate programs and deals they have going on…
There’s a cool website I found that talks about financing either privately OR with the dealer…and to get multiple quotes and being prepared to ‘walk away’ from a deal. Dealers NEVER want you to walk away from a deal….so that is when you’ll get the best deals!
Check out this website for the tips!