Car Buying?
1. Will paying cash or check for a used car save me from hidden charges and other fees which happens when you finance a car?
2. I would appreciate if someone with car-buying experience help me out or can give me really good tips/advice on how to negotiate with a car dealer.
Unless you buy a car that is “for sale by owner” you are going to pay at least 2,000 dollars more than the car is worth.
I work in a Toyota Store, I sell both new and used cars. It really doesn’t matter if you pay cash or check, they would much rather you finance, because that is where the dealer makes money on the backside, from the interest or selling the loan.
Your best defense form being ripped of is to educate yourself, or have someone who is educated work on your behave. First of what car do you want, what do you need it for, what is important to have in your next car? research the car of your choice. Is it a good and reliable car? Like a Toyota ( I am Biased, but with good reason). Know what cars, like the one you are looking for are worth. like in sites like KBB and Edmunds. #1. don’t be afraid to walk away, unless of course you got a good deal, and the only way you will know this is with education. You can email me with you prospects and I will tell you what I think. toyotaconsultant@gmail.com
By paying cash, the only fee you avoid will be finance charges. The actual vehicle sales numbers should not change. I will give you a link to an actual buyers order which you can bring with and fill out when you buy the car. It will expose all, if any, fees the sales associate is charging you.
http://www.theautoevaluator.net/Worksheet.html
actual form:
http://www.theautoevaluator.net/dealerworksheet.html
As far as negotiations, the best thing to do is to offer a commitment to purchase based off vehicle facts and comparison. I will give you a link for this also. You can email me if you have more questions. Good Luck.
http://www.theautoevaluator.net/Price_Neg.html