Auto Savings
When buy a new car there you certain options you want and look for such as.. do you want a red or blue car? 4 door or 2 door? trunk or hatchback? automatic or stick? You get the idea, when going to a car dealership one needs to understand that they are all about them, not you. They say,the Customer is #1…. yea right, 99.999% of the new and used car lot out there tell their sales people, profit,sell extras and promote.
I am going to provide you with some homework to compile before you to go the car lot. Beat them at their own game . Nobody want to feel like they are getting ripped off.
Say if you want a 2009 Lexus IS 350 4dr Sport Sdn Auto.
You have had you eye on this baby for a while . You seen an ad on TV,saying
2009 Lexus IS 350 4door, Sport ,sedan, Auto , the one you want is only $38,500
But you did your research on New Car Buying Guide.
You know for a fact that your car only costs $33,403
They want you to pay over $5000 MORE !!
Now you have the upper hand and get you best deal, you save a ton of money the dealer makes some to..
Also, they will always try to get you you to buy Gap Insurance.
This is a great buy, but it will cost through dealership $750 - $2000 more on your note, depending on the car/truck and the value.
The Gap is the difference between the actual cash value of your car and what you still owe on your loan. If your car is stolen or declared totaled, your auto insurance company will pay you the actual cash value of the car. Without Gap Insurance your lender will hold you responsible for paying the Gap. This will mean you having to come up with hundreds, even thousands of dollars to pay.