Jul 9, 2009

One Stop Motors 1 pt 2—How to Haggle When Purchasing a Used Vehicle

Again, the economy is driving the prices of everything we buy. Right now, with the automotive industry, the inventory is high for auto dealerships and that makes sales difficult for those trying to sell there automotives privately, as well.

On the other hand, times may be just as tough for you as a purchaser. Why should you pay more than the market demand? So to make sure you don’t come down with buyer’s remorse for realizing that you could have saved on that new vehicle, here are a few pointers on how to haggle for a better price.

For starters, know your limit:
Have three prices in mind before meeting the seller
The price you’d like
A fair price
The most you’re willing to pay

Do your homework:
Research your vehicle in trade magazines
If you’re not confident, bring a friend
Remain non confrontational
Remain as congenial as possible
If the seller is too difficult, just walk away
Reassure them you are not trying to take advantage and you can pay right away
Don’t allow them to guilt you for haggling; you could end up paying more than necessary

Follow your instincts:
If something feels wrong, it probably is
If the seller does not seem honest, he probably isn’t
Don’t be afraid to make a counter offer if you are not satisfied with the initial offer
Push the Deal

Ignore “That’s the best price I can do.” Ask them again and let them know you are still searching other places. And ask the a third time and let them know you can right away. The third time usually seals the deal.

DO:
Be confident and well informed
Be persistent
Stay relaxed
Be friendly
Be straightforward and business like
Stay in control


DON’T:
Get emotional
Argue
Offer full asking price
Complain about the asking price
Lose your cool
Lose control with weak haggle statements

Remember that OneStopMotors.com can help you with you used car purchase. Look us up on line to shop from thousands of used car inventoried on line. We can also help you with financing, insurance, warranties and shipping. Let us do the work so you don’t have to.

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