**Full Disclosure: This is a sponsored post which also contains affiliate links. If you make a purchase, I get a teeny-tiny percentage at no cost to you. All opinions are my own.
So, you have decided that it is time for a new vehicle, right? Well, you want to be sure before you venture out into the world car shopping, that you armed with some tips. Being prepared will help ensure that you get the right car for you at the best possible price.
Understand the best time for car shopping – Yes, there is a good time and a bad time to go car shopping. Experts say that the month of December is the best time to go car shopping, due to the fact that most dealerships feature year-end discounts so they can clear inventory to make room for the new vehicle models. Also, during the months of August, September and October, many dealerships are trying to clear out older model vehicles. When it comes to the best day of the week for car shopping? Sunday seems to be your best bet, because dealerships are looking to close out their week with strong sales numbers.
Consider a certified pre-owned vehicle – So, what exactly is a certified pre-owned vehicle? These types of vehicles are inspected by following the standards of the car’s manufacturer. Certified pre-owned cars are normally backed with a manufacturer warranty.
Figure out the vehicle’s market price – One of the biggest mistakes that car shoppers make is they have no idea what the market price is on a vehicle they may be interested in. There is where the Kelly Blue Book comes in handy. It gives car buyers the fair market value price of a vehicle as well as a price range. This is important because if a dealership won’t accept a price that is within the price range in the Kelly Blue Book, this is a dealership you probably don’t want to do business with.
Have a finance plan in place – The first thing you want to do before you even head out the door to do some car shopping is to find out what your credit score is. The higher your credit score is, the better interest rates you can get on a car loan. Also, you want to get approved ahead of time for an auto loan. If you are already approved for an auto loan, this will allow dealerships to keep their interest rates competitive, in order to gain your business.
Visit Patrick Volvo for all your new and pre-owned needs!