Planning your New Car Purchase
New Car Buying Plan
New Car Buying Plan
New Car Buying Plan
Before you make a plan for buying your next new car, you must accept that buying a car is not an investment unless you are buying a classic or exotic vehicle. Remember that a vehicles value is only determined by the market of which one is willing to pay for it. That being said, researching and finding a vehicle of choice has never been easier, because of the internet. Today we can Google millions of pages with information about cars, but let's think about that and plan our steps to buying a new car.
New Car Pricing
Years ago car buyers bought consumer reports to estimate dealers cost, asked their neighbors, banker, and/or insurance agent whom they could trust and buy from, while visiting 5 or 6 car dealers to find the vehicle they wanted. Today, 92% of all car buyers use online information to assist in their car purchase. We can go online to learn tons of information on consumer information sites like Autotrader, Car and Driver, Cars.com, and Edmunds. We can watch a video car review on just about anything from Youtuber's like us at Car Talk Weekly
or Doug DeMuro. We can even find local dealer that seems to allow you to buy the vehicle online and deliver it to our home.
However, the reality is that most dealers and states are not set up to actually sell a vehicle fully online and it still requires some work on the buyers part. One of the best ways in the United States to make sure the dealer is being honest, pricing to market, and transparent is to use services like Costco buying clubs, Edmunds, and/or TrueCar.com. To be a Costco or True Car Dealer you must adhere to guidelines that offer buyers transparent deals without all the haggling or dealers are removed from the program. Edmunds price promise does not have the same guidelines as Costco or True Car, but is a great alternative when you are price comparing.
