Tips on buying a new car

Thanks to Wealthy Blogger I came across Tommy Chang’s new car buiying guide. Good advice on negotiating with the toughest audience you can negotiate with - new car dealers.

Never tell them about your trade-in until its time to talk about it. Negotiate the price on the new car first. If they ask, tell them no you are not trading in a car. If you say yes, they will give you a good deal on the car but low ball you on the trade in. After the price is settled, then tell them oh I decided to trade in my car just now, then negotiate that. I would suggest to not trading in the old car, but sell it in the private market or sell it to CarMax. You will get more money for it.

Posted in Money at June 29th, 2005. Trackback URI: trackback

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