The new 2009 models are soon going to be out. It is an exciting time to buy a new car. I remembered five years ago, while we were in the middle of preparing for a trip to Europe, my husband wanted to get a car before the trip. We got a new model for the coming year and we couldn’t be any happier. We still have Cordie, very reliable and still looks like new.
It is important to consider the vehicles you would want to have and later on zero in on any deals and specials later. The pricing information is very critical for each vehicle that you are considering. More important than anything else, you should know your credit score if you are financing the vehicle. You may ask, are there people that would buy their vehicles and pay in full? Yes!!!! I know of three, one of them is my father in law(he hasn’t financed a car in his entire lifetime, he always bought brand new paid off cars) and the other two people, I won’t disclose (let this be a secret). What do these people think? Well, instead of paying interest even if let’s say, at a minimum APR of 3.9% in five years, that would be more than $2,000. So, if you have cash they think it’s better to have it paid off.
I went off track, anyways, going back to the topic, you should diligently do your homework before doing the final transaction with a dealer. You have to find out what other lenders charge and evaluate the incentives being offered. Keeping track of the cost (dollar amounts) is very important. Lastly, ensure that the deals are specific and are reflected in the contract. The key step here is that, if you already have the offer you like, hold off on that signature and ask a couple of dealers to beat the price. Then and only then, should you affix that signature on a final contract. You can be surprised, as you never know how low they might go.