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Fairless Motors Just another WordPress site How to get the Best Deal on a Used Car If you’re looking for a great used car and you want to get a great deal, you’ll have to do some work. Luckily, we’ve helped you out by compiling this blog. It is full of helpful tips to get the best deal possible on a used car, truck, or SUV. We hope this blog makes the process of finding and buying your used car easier! Now let’s take a look at how you can get the best possible on your next used car purchase. Do Your Research Before you can get a great deal, you have to know what you are looking for, and what you are looking at when you visit dealerships and look at their inventory. Use online tools to research models and average market pricing. This part of the car buying journey will also probably help you form a pretty good idea of what you want in a used car as well. Knowledge is power when buying used cars. The more information you have about certain model types and their average pricing, the more you will be able to negotiate a price that favors you, or the more likely you will be to recognize incredible deals when you come across them. Before you visit dealerships and look at cars, do your research! Cast a Wide Net If you want the best deal on a used car you need to look around. You need to check out local dealerships, private sellers, and maybe even travel to nearby locality to browse dealerships and private sellers there too. Checking out the inventory from multiple sellers will give a better idea about market pricing, and will give you a chance to negotiate the strongest deal possible. The Internet makes looking around easier than it has ever been before. Use your available resources, visit dealerships, and meet with private sellers not only to find the perfect used car, but also the best prices! Play to Demand Market demand influences prices on used cars more than anything else. Use this fact to your advantage when you are shopping for your dream car! Have you always wanted a convertible? When do you think is the best time to buy a convertible is? Here’s a hint, it’s not in the summer months. Certain models are cheaper when market demand is low. For example, you’ll get better prices on convertibles in the cold winter months than you will in the spring or summer when the weather is nice and the top can be put down. Be creative and think outside the box, and you can play market demand to your advantage when you shop for a used car. When gas prices are high, for example, and nobody wants a big SUV or truck that is less gas efficient, you’ll be able to get a better price on car like that. Focus Confusion will hurt you in your attempt to get the possible pricing. A lot of dealerships play to this advantage and jumble all of the numbers together so you get confused more easily. Here’s what they’ll do. They’ll factor in your trade-in, financing, and the price of the used car you are looking at all at once. Amidst this jumble of numbers it can be hard to separate the individual details and get the best deal on each. Be sure to insist on dealing with one aspect at a time. Go over the value of your trade-in first. Then talk about the price of the used car, and finally, discuss the financing details. Only once you have each of these separate aspects of the car buying process determined should you combine the numbers and look at final costs. If you want the best deal, keep your focus on one thing at a time. Look Closely Nothing kills a good deal like serious repairs or issues. Be sure to closely examine any used car before you buy it. You don’t want to be surprised by costly repairs that could have been avoided down the road. The old axiom rings true, especially with cars, sometimes things are just too good to be true. If you’re seeing prices that are well below the market value that your research indicated chances are there are serious problems with those vehicles. You may have found a good deal, but make sure you have an independent mechanic take a close look at any used car that is priced too good to be true. It could end up saving you a ton of money and hassle. Bring Someone Along You want a good deal on a used car? Bring a friend or spouse or family member along with you when you’re looking at cars. They can help you get a better deal by voicing things like that doesn’t sound like a good deal,” and things of that nature. What an additional person does is put more pressure on the sales team to present high-quality cars at competitive prices. The car buyer, you, is sometimes too focused on the actual car that they forget about the delicate sales dance that occurs. Bringing along an additional person will help keep you focused on getting the best deal possible. We hope this blog provides value to you on your search for your next used car! At Fairless Motors we have the best inventory, service, and savings in the area. Come meet our friendly sales team and take a look for yourself. We promise to provide excellent customer service and guide you on your car buying journey! Author Eric Patrick Posted on August 19, 2019 Bad Credit Auto Financing If you have declared bankruptcy, been foreclosed on, recently gotten divorced, have missed loan payments in the past, or have been repossessed on, you may think that there is no chance for you to get a car loan. You’d be wrong! Despite major setbacks to your credit score, you can still secure financing for a car. You just have to go to the right place, and work with the right professionals to get the job done. This blog is going to be a guidepost for people who have bad credit and need to get a car. We promise you that no matter what your credit score is, you can still get a great auto loan. Let’s explore bad credit auto loans in more depth! Your Best Bad Credit Options for Auto Financing When you have bad credit your financing options are limited, but they are not non-existent. Below are four good options for people with bad credit scores, read more about each option to see which one might be the best fit for your unique situation. Credit Unions – The first place you should start when seeking an auto loan with bad credit is a credit union. You may already be a member of a credit union, but if you are not look into membership with credit unions in your area. These financial institutions generally provide consumers with very good loan terms, and they more often than not work with individuals who have poor credit. If you can get approved for a loan before you start the car buying process you can shop with a lot more confidence because you’ll know exactly what you can and cannot afford to spend. Buy Here Pay Here Dealerships – Buy here pay here financing is another wonderful way for people with poor or bad credit to get a great car loan at a price they can afford. This method of financing removes the financing institution from the car buying equation. Dealerships who offer this type of financing, finance the purchase of the cars themselves and act as lender and seller. The advantage of this type of financing is that you can work directly with the dealership where you are buying the car to establish a financing package that fits your unique financial situation. It is in both of your best interests that you are able to pay back the loan the dealership provides you. Therefore, you’ll get loan terms that are more geared to your specific financial situation. Get a Cosigner – No matter what your credit score is if you can find someone to cosign your loan application with you, you will get better loan terms. This can be a lot to ask of somebody though, since they will be responsible for your debt in the case that you fail to make your payments on time. If you have a close friend or relative who is willing to do this for you, you will greatly improve your loan’s interest rate and terms since there is less risk for the lender. However, the person cosigning with you should have better credit than you. Ideally, the person co-signing the...