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A Step By Step Guide To Buying Your Car Online

Buying a car can be a stressful affair for busy people. Squeezing in the time to go in to the car showroom and listen to the salesman trying to sell you what he thinks is best for you is just not my thing. Your best option? Buy it online! The perks of buying a car online are that you have the most control over the top 4 aspects of car buying: price, trade, financing and down payment. Of course, online car sale companies also have sales executives but, they are aware that they are being shopped by a very educated customer and play their role justly.

Step 1: Finding you the perfect car

Most people, even those buying on the floors do their research on which car to buy online. You can choose your car by looking at multiple parameters such as budget, fuel economy, space, seating, maintenance cost and so much more. The advantage of doing it online is that you can select your criteria and compare it across multiple models with the click of a finger.

Tip : Do make sure to read expert reviews and ratings .

Step 2 : Determine the price you wish to pay

Research on the local dealers price and what offers multiple sites offer to compare their prices. You could also use tools to find out what was the average price recently paid for the car. Then make your offer to the online salesman to get the best deal possible.

Tip: Don’t forget to find out the fee and options covered in your car’s price as they might end up charging you more otherwise

Step 3: Get your financing straight

Never blindly choose the option given by the online salesman. Use your flexibility online to find out the rate in your own bank or other financing agencies and choose the best option.

Tip : Always check the yearly interest rate rather than the monthly one.

Step 4 : Get a pulse of the demand for your car

Look up the demand for the make and model of the car you are buying by researching online. If there is low numbers in the market the chances are you won’t get a great deal.

Tip : Contact multiple online dealerships for the price of the same make and model. Compare them to your researched prices and go in for the best option.

Once you do all these, ask your best option for their quotes and negotiate the prices with the research you have done. After all, knowledge is power.

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