Do you own a computer ? Are you online? Well of course you are, you are reading this guide, aren't you?! So use this great thing called Internet for online car buying, it will save you a lot of time and you'll never have to leave the comfort of your chair! Use online car buying sites , sit back, have a snack and get yourself all the information you need and then take it to your dealer. Try a thing called a online car buying info package!
There are many ways to buy car but only one is right!
Online Car Buying will save you time and money!
This is the best car buying option you will ever find, because you will find everything you need for online car buying from the comfort of your home. The whole online car buying process can be done online if you know the right way, but we are here to show you how and where. Online you can find and choose your dream car, find specification options, finance options, delivery details, extended warranty, carfax record check,auto loan approval, your credit score and much more.
I strongly suggest that you visit these valuable web sites:
1) Get New And Used Car Price Quotes
Browse these new car purchase services to save money:
· Cars.com
· InvoiceDealers
· Edmunds.com
· Autoweb
2) Get Your Credit Report
Confirm your credit score is > 680, or you'll pay higher APR:
· Equifax Credit Score
· TrueCredit
· ConsumerInfo
3) Get New Auto Loan Approval In 1 Hour
Get low APR car loans online before car purchase. Try:
· Capital One Auto Finance
· E-Loan
· AutoCreditFinders
4) Get New Car Extended Warranty Quotes
Auto warranties can be 60% cheaper than dealers
· 1SourceAutoWarranty
· Warranty Direct
Where can I find a car buying info package?
I recommend FightingChance.com , a great site that provides you with the new car prices, discounts and dealer incentives. There you can learn how to negotiate on your own terms, it also provides you with some industrial facts about your car. You must have all the data so you can get yourself a brand new car at the lowest price possible. There are many other online car buying info packages but we chose this one because we tried it and it worked perfectly. Thrust me, this package is the best thing that ever happend to a car buyer!
The best resources for online car buying
Don't buy the first thing you see, or in this case don't believe them when they say that they are the ones with the lowest new car prices, they have to say that, it's their tactics! Be smart and don't enter the dealership without visiting some of these sites Cars.com , InvoiceDealers , Autoweb , Car.com , CarsDirect , Ford Direct and AutoUSA . Find out how much you can buy new car for and then go to your car dealer and let the games begin, of course on your terms! Don't be a dumb buyer as you are expected to be, do your homework if you want to buy new car at the lowest price possible! And one more thing, don't hesitate to buy new car online if your new car purchase quote from CarsDirect is lower than the car dealer. Click buy and they will let you know what is the next step, and in a few days your new car will arrive, and you saved your money and precious time!
Do trade in or do it not?!
If you are thinking of trading in a car you owe money on to buy new car , well think again! If that is yor only option at least make the dealer put in writing that he, actually the dealership, will pay off the car in 10 days as the bank requires. Very often the dealer doesn't pay off your loan on time and the bad news is that the car loan still legaly belongs to you! I've heard of many cases where the dealer never paid off the car loan, and can you guess to whom the bank charged late fees?! Be smart! The only way to get fair price for your trade is to sell it yourself. Here are a few good web sites to sell your automobile for a small fee, Traderonline , Dealsonwheels , Autotrader , Ebay .
If you must trade in your old car, you can allways find an independent appraisal online for free. I recommend looking up a few so that you can estimate a price range before you head out to make the trade. This sites provide estimates of how much you could expect to receive if you were to end up selling it yourself, Cars.com , InvoiceDealers , Autoweb , Car.com , CarsDirect , Ford Direct and AutoUSA .
Getting ready for buying car online
Do your homework first and make much wiser decision before you decide for buying car online or offline. To determine ahead how much negotiating room you have on basic cars and extra options, draw up awork sheet for each type of new car you considering. Using updated price lists available from above sites, write down the dealer's cost and list price, for the particular make, model and trim line.
For each car, list the options you want, describing them with the invoice number. Also before you decided to buy new car, write down the dealer's cost and the list price. Look up the destination charges for that car, and include this in both the dealer's cost and the list price, since there is no murkup. The destination charge is the cost the dealer pays to get the new car to the dealership.
Now compare the dealer's cost and the list price for that car. The difference is your negotiating room. Do the same thing with each of the options. You may be able to negotiate on individual options before you buy new car.
Don't pay MSRP when you buy new car!
True Dealer Cost = Invoice Price - Rebates
Your Rock Bottom Price = True Dealer Cost x 1.04
1) Bookmark this page, it contains valuable links you will need in your car buying journey.
2) Research invoice price at Cars.com , InvoiceDealers , Autoweb , Car.com , CarsDirect , Ford Direct and AutoUSA . Make sure you add the invoice costs of all options you are looking for to get true invoice
3) Search for dealer to customer rebates , and manufacturer to dealer rebates . Add these two numbers together to get your total rebate. Most cars will not have a manufacturer to dealer rebate, so don't worry if you don't find one.
4) Subtract the total rebate found in step 3 from the invoice price calculated in step 2 and you have true dealer cost.
5) Multiply the true dealer cost by 1.04 to get your bottom line price. This is 4% profit for the dealer, and is more than fair.
6) Get a new car price quote and start negotiating with the dealer on your terms. I have had dealers offer me less than my bottom line, so when you fill out the form, don't let them know what you are willing to pay ! This quote is not binding, and you will not get spammed .
Can people with bad credit get a car loan?
Of course they can, they just have to know where to look. If your credit score is below 680 and you keep getting rejected submit an application to a bad credit auto loan resource like AutoCreditFinders . It specializes in searching bad credit car loans for people with bad credit. But again you will have to meet certain minimum criteria, such as : your credit score must be 525 or above, bankruptcies must be discharged, and you should be working for at least 6 months and have no bad credit in the last 6 months.
And one more thing, you will probably pay more APR than others with good credit, but don't worry, this can actually help re-establish credit for you. But that is not all, if everything goes well, meaning you've been paying your loan on time over a certain period of time, you may be able to auto refinance to a lower APR . Anything is possible, so good luck!
The "VIN# Window Etching" Scam
The first money wasting scam when you go to buy new car deals with etching the vehicle's VIN# on the window. In some cases a dealership will try to make you pay for this added feature. Please don't fall for this scam. No lender wil require you to pay for any extra options that you don't require. You can order the same do it yourself kit used by car dealers online from CarEtch.com for $19,95. If they say it's already on the car and can't be removed, don't buy the car, and save yourself $300-$800. Some police departments will do VIN etching for you for free as a community service.
Inspect that car and run CARFAX Vehicle History Reports
Once you've seattled on the pre-owned wehicle of your choice, it is strongly recommended to have the car inspected by a qualified and trustworthy mechanic. Make sure to check the car's history by purchasing a Carfax report by visiting Carfax website . Any problems that either the report or mechanic may uncover can either be used as bargaining tools to help lower the cost of the car or as to avoid the deal altogether.
Get Yourself An Extended Warranty For That Used Car
I have one more good advice for you: get an extended warranty whenever you buy used car. We'll review car warranty companies like 1SourceAutoWarranty and Warranty Direct. Be sure to read our Extended Warranty gude. It's a must.
