Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Sticker or Invoice: How Much Should You Pay for Your Next New Car?

By Hiteshbhoi Subscribe to RSS | December 6th 2011 | Views:

For most of us, the idea of buying a new car fills our hearts with dread. We nervously approach the salesperson. We discuss. We haggle. We finally walk out of the showroom with the keys in our hand, but we can’t shake the feeling that we may have overpaid for the car.

How do you know what you should be paying for a new car? The answer is easy: Do your homework. A little bit of time spent researching at home gives you the option of purchasing a car with confidence.

The sticker price

The sticker price of any vehicle is a nice bit of fiction. It is an inflated dream the dealership would love to realize. Car salespeople tell you that the sticker price should be the starting point of your negotiations. It shouldn’t be. In fact, the sticker price bears no relevance whatsoever to the proceedings to come. Don’t even look at it. The only reason to glance at the sticker in the window is to determine what options are available on that specific car if you are thinking of purchasing it off the lot. Otherwise, disregard sticker price entirely.

Where do I start?

Your research should be complete before you ever leave the house. Begin by choosing the perfect vehicle. All car manufacturers have detailed websites that allow you to research the vehicle thoroughly and even “build” an ideal car. Once you have found the ideal car, it’s time to find out how much the car really costs. Again, the internet is your friend.

Many websites offer insight into how much the dealership actually paid for the car – the invoice price. This price should be your starting point for negotiations. Once you know what the dealership has paid for the car, you can figure out what a reasonable profit would be.

Think you’re done? Not quite. While figuring out the profit margin of the dealer can be a good strategy to getting a better price on a car, there are a few other things to consider as well.

Check to see if the dealer is receiving any rebates from the manufacturer on the vehicle. These rebates are offered to dealers on certain models. If a rebate is available, then even if the dealership sells at or below invoice price, they are still making a profit. Most car-comparison websites offer this information.

Consider the popularity of the model. If you are trying to purchase a car that is in extremely high demand, you may find that there is no negotiation. The sticker price – or even above – may be the best deal you’ll find. Thankfully, this is an unusual situation. With most car models, there is significant room to bargain a price you're comfortable with.

Once you’ve gathered all your information, you are ready to shop. Visit several dealerships and see who offers the best price. Once your salesperson realizes you are armed with all the inside info, you’ll get the best deal possible.

Hiteshbhoi - About Author:
2012 Chevy Equinox houston

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Auto Articles Subscribe to RSS

Know more about Hero Honda bike prices in Hyderabad
Published by Simmie on February 10th 2012 | Auto
Hero Honda bike prices in the city of Hyderabad are likely to be very vulnerable to change to a lot ...
Latest bikes models in India with price
Published by Auto Infoz on February 24th 2012 | Auto
Indian bike market is witnessing a blitz of latest bike entries recently. This includes popular bike...
Want to know the right Car prices in Delhi?
Published by Simmie on February 16th 2012 | Auto
The second hand cars in Delhi from any brand such as Hyundai, Ford or even Maruti can be found in th...
Renault Duster launch in India advanced to July, price could start at Rs 7 lakh
Published by Siddharth Bharadwaj on June 25th 2012 | Auto
Renault Duster, Renault Duster Price, Renault Duster India, Duster Price
Get certified pre owned BMW – Own luxury at an unbelievably low price
Published by Brettmichaelwllms on November 26th 2011 | Auto
BMW or Bavarian Motor Works is a German car brand that has turn into associated with luxury and more...
Hyundai i20 magna price
Published by Paul Smith on February 3rd 2012 | Auto
Hyundai has hit the market really hard with its new sereis of products i.e 'i' series. i10 came as a...
Variations in Hero Honda bike prices in Mumbai
Published by on February 29th 2012 | Auto
The prices of Hero Honda bikes are bound to vary on account of a host of factors. The features offer...
Ford EcoSport price in India could be placed low due to 80 per cent localization
Published by Siddharth Bharadwaj on July 20th 2012 | Auto
Ford EcoSport price in India could be placed extremely competitively as the company is thinking to a...
Do you know the right prices for used bikes in Hyderabad?
Published by Simmie on March 31st 2012 | Auto
The used bikes in Hyderabad are available in plenty of second hand markets throughout the city. You ...
Important guidelines to buy and negotiate price of used cars in Gurgaon
Published by Dany on April 23rd 2012 | Auto
In this modern and luxurious world, it is very difficult and sometimes impossible for lower income p...
Scooter Parts and ATV Parts at best prices
Published by James Blee on February 16th 2012 | Auto
Commuting from one place of a city or town to another is not a cumbersome process today with so many...