I recently had a pleasant and exciting experience buying a new car and I wanted to share. I shopped for my car via the internet and this process has completely turned around the horrid experience of new car buying.
If you are thinking about buying a new car, the first rule is DON’T step on the lot of a dealership. Car dealers will woo you with their car salesman magic and unless you have taken advanced Defense Against the Dark Arts, you will lose and it will cost you a lot of money. It’s better to do a little research first and that is where the internet comes into play.1. Pre-shopping exercises
I used http://edumunds.com and http://usnews.rankingsandreviews.com/cars-trucks/rankings/ to gather information about the true prices of vehicles, reviews, comparisions.
a. Pick a price range and stick to it. Rarely is Manufacturer’s Suggested Retail Price (MSRP) the fair purchase price of the car, so make sure to look up the True Market Value (TMV) for the vehicles you like - this can be found on Edumunds. Keep in mind that every additional feature added to the car will increase the amount of the car’s invoice, so think about features when you are shopping as well (we’ll get more into this later).
