5 New Car Buying Myths

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Shopping for a new car can be one of the greatest pleasures, but if you fall for too many new car buying myths, it's easy to look at it wrong. It's these myths that cause people to shop for new cars in a way that is detrimental to their wallet. We're here to fill you in on some of today's most prevalent new car buying myths so that you don't fall into these traps and find yourself purchasing a vehicle from the wrong dealership or with the wrong financing method. Knowing how to buy a new car is sometimes just as important as the car you choose, at least if you want to get a great deal on a great car.

1. Buy quick and don't miss out on the great deal.

Sometimes you spot a great deal on a car, and it's such a "good deal" that you jump at it right away and end up missing out on better deals. Remember that just because something looks like the best deal you'll ever find doesn't mean there's not fine print in there that would make the deal less attractive. Many folks think that if they don't take a dealership up on that great offer that it will just go away forever. In reality, "great deals" come around very often and buying a new car quickly without shopping around is rarely a recipe for success.

2. Shop at the end of the month.

Sometimes dealerships have already hit their target for the month, and this means that all those great deals at the end of the month are going to be no different than at the first or middle of the month. It depends on whether or not the dealership has hit their sales target. Don't assume that deals at the end of the month are going to be the best ones. We frequently offer deals throughout the month. The best way to check is to stop by our dealership and see what we have in stock for a test drive.

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3. Special ordering is a great way to spend too much money.

Models can be special ordered just as cheaply or even save you money in the long run. So if you're a big fan of special ordering but don't want to waste any money from your budget, that's great news. You can sometimes spend even less when you special order.

4. You can read up and trick the dealership into giving you a better deal.

People love to negotiate the price of a vehicle, and we admit, it's lots of fun. The truth is, though, that dealerships know more about the pricing on the vehicle than you do, and trying to "trick" a dealership just isn't going to happen. Negotiate for a fair price, of course, but don't think there are any special tricks to getting a dealership to give you the price you want. There are hidden factors there that you simply don't know about and can't, and trying to do this can take away from the helpful practical things you can be doing to save money.

5. Paying cash is better.

The fact is that the dealership is often awarded for getting you to finance a vehicle, so you are more likely to get a better deal if you finance. In the long run, paying cash may be simpler and less inconvenient - if you hate keeping up with payments - but you may end up paying more for the cash in the long run.

Contact our dealership today to get some more great tips on buying new cars!

Categories: Tips & Tricks, New Models