tips on going to a Car Dealership.

moneybands1125 said:
I work in car sales so I'm gone break it down for u guys. It's a good idea to know where u are at with financing but let the financing department do their job. If they can get u a lower rate why not right? Cash is the worst way to buy a car. If the s&p 500 grows at an average of 10% a year and your paying 2 to 7 percent what kind of math sense does that make? Not only that buy your pre approval means my finance department can't make any money and you probably pay more for the car. Don't be a douche about the situation it does me as a salesman no good if your angry when u come in, feel like u just won a war, and still hate me afterward. If your upfront about your knowledge level right away u can save time and money.
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You the enemy, kinfoe
 
My best advice is to do know what you want to do leasing/financing/cash. If leasing, don't let them **** you over on a huge down payment... which sometimes may be unavoidable.

If Financing, shop around for rates. Be careful though, you don't want to many dings on your credit with hard credit inquiries. 

Cash, tell them youre interested in financing and they'll be more willing to give a higher discount... idk the science behind this but from my experience it works everytime. Then when you're about to meet with a finance manager be like "nah I'm jk im buying cash" and if they try to change the price on you they're trying to get over.

Study the industry. Take a look around at competitor car manufacturers and compare it to the vehicle you're interested in regards to down payment, interest rates, etc.
 
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Lots of good info in this thread.

I'm actually reading a book on the influence practices of car salesman....from promising you a good deal on a car one day and then taking the deal away from you, fake arguing with his boss over the price of the car, tacking on extra features later in the deal which seem minuscule but add up...

I don't have anything to add besides having your price range in mind and not budging. Doing your own math and bringing in your own calculator or someone who is good with numbers like another poster said would be a great idea.
 
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This is perfect...I plan on buying a car in 2015 and I honestly don't even know where to start.

I got a quote and comparison between a 2014 Sonata and a 2014 Accord, and the dude will not stop emailing me.:lol:

What would be best? Cash, leasing or financing. I was thinking of going cash because insurance is going to kill me for the first year or so.

How much should I be looking to spend on a down payment if I decide to go that route? In other words, how much should I have in cash when heading to the dealership?

Also suggestions as far as what car to buy are welcome too. I live in the northeast, obviously.:lol:

Thanks in advance.
 
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HarlemToTheBronx said:
This is perfect...I plan on buying a car in 2015 and I honestly don't even know where to start.

I got a quote and comparison between a 2014 Sonata and a 2014 Accord, and the dude will not stop emailing me.:lol:

What would be best? Cash, leasing or financing. I was thinking of going cash because insurance is going to kill me for the first year or so.

How much should I be looking to spend on a down payment if I decide to go that route? In other words, how much should I have in cash when heading to the dealership?

Also suggestions as far as what car to buy are welcome too. I live in the northeast, obviously.:lol:

Thanks in advance.
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can-of-worms.jpg
 
HarlemToTheBronx said:
This is perfect...I plan on buying a car in 2015 and I honestly don't even know where to start.

I got a quote and comparison between a 2014 Sonata and a 2014 Accord, and the dude will not stop emailing me.:lol:

What would be best? Cash, leasing or financing. I was thinking of going cash because insurance is going to kill me for the first year or so.

How much should I be looking to spend on a down payment if I decide to go that route? In other words, how much should I have in cash when heading to the dealership?

Also suggestions as far as what car to buy are welcome too. I live in the northeast, obviously.:lol:

Thanks in advance.
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HTTB - because you're in NYC, and I'm going to ASSUME you're not going to be driving a lot of miles, leasing might be the best option for you. To each his own, though. Also, what's your budget? I couldn't **** w/ those NYC winters w/ out 4WD.
 
I don't even know what my budget is right now...not sure what I want to do. I'm thinking I should get something cheap (around 3-5k cash), since the lowest insurance quote I got last summer was around $400+/Mo. So for that time I don't want to be paying on a car.

Speaking of 4WD, I was looking at Jeep Wranglers, but I was reminded of how it consumes gas.:lol:

I'm just trying to weigh my options now so I have a plan when the time comes.
 
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U cant afford a reliable car homes from the sounds of it. Stack a lil longer. 6-8k will get u in the game
 
HarlemToTheBronx said:
I don't even know what my budget is right now...not sure what I want to do. I'm thinking I should get something cheap (around 3-5k cash), since the lowest insurance quote I got last summer was around $400+/Mo. So for that time I don't want to be paying on a car.

Speaking of 4WD, I was looking at Jeep Wranglers, but I was reminded of how it consumes gas.
laugh.gif


I'm just trying to weigh my options now so I have a plan when the time comes.
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Depends on how long you depend on keeping the car and how often you're going to use it. Leasing may be a good idea but after your lease is up, the amount of money you've invested in the lease payments, down payments, and other car expenses, you damn near could've owned just bought a used $5k to $10k car.
dtb00201 said:
How much stock should you put in the JD Power ratings?
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None. JD Power ratings are bought and you can't tell me different lol.
HarlemToTheBronx said:
This is perfect...I plan on buying a car in 2015 and I honestly don't even know where to start.

I got a quote and comparison between a 2014 Sonata and a 2014 Accord, and the dude will not stop emailing me.
laugh.gif


What would be best? Cash, leasing or financing. I was thinking of going cash because insurance is going to kill me for the first year or so.

How much should I be looking to spend on a down payment if I decide to go that route? In other words, how much should I have in cash when heading to the dealership?

Also suggestions as far as what car to buy are welcome too. I live in the northeast, obviously.
laugh.gif


Thanks in advance.
Click to expand...
Cash is best for you. Or finance if you get a fire interest rate
 
Can't comment on any car buying site as I've never used one before but I will say this...

If you didn't pull the "I'm just going to buy a car from ______ (insert nearest dealership name here) and walk away then he probably got you for a few extra bucks. Don't hesitate to walk away if you feel the deal isn't right. Keep in mind they work off commission and are very hungry/annoying to get a deal done. Good luck
 
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