Buying a used car can be a good decision if you get a great deal on the same. However, good deals do not arise by themselves. You should negotiate your used car prices comprehensively with the seller or dealer to get a deal that is closer to your expectations. Proper negotiation is a much neglected art. If practiced properly, it can help you buy your desired secondhand car without any hassles. How do you negotiate a used car? Read on for some useful tips and information on negotiating your used car deal.
The negotiation strategy that you should follow for used cars
You should always have a proper strategy and game plan as far as negotiating your used car prices is concerned. If you play your cards right, you can get lucrative discounts without any difficulties. These are some of the tips that you should follow in this regard:
- You should start the negotiation process right from the start. This might get you upfront discounts on the phone itself. Always have a bottom line price to state when you talk to the car seller or dealer for the first time. If they are convinced that you are a genuine buyer, they will start negotiation terms as well. Once you have set a bottom line price, there is no going above that and you will automatically save money at the start in the bargain.
- You should always negotiate the entire price of the used car. There are many extra charges and fees levied on the base price of the used car. Ask for a full calculation and then negotiate the same with gusto.
- You can also state an offer price which is substantially lower than the actual price stated by the car seller. Though the seller might not agree to the same, you will the used car at a price which is just a little above the substantially low price you quoted.
- You should bring a little competition into the picture. Talk about similar cars on your list and talk about other sellers you have on speed dial. Make your intentions clear with regard to buying the car from the seller who provides you the best bang for your buck.
- If there is any pressure or any other doubts arise, steer clear from making your decision instantly. You can always take your time to arrive at a decision. Do not provide any immediate deposit or booking money in spite of pressure to do the same.
- Ask the dealer to put down all the terms of the deal in writing along with all the promised features at your required price point.
These are some tips that will help you immensely when you make any used car purchase. You should look up online car classifieds for a plethora of deals on used cars in any location of your choice. This will help you compare and contrast prices and come to an informed decision. These online classifieds portals will also keep you abreast of the latest price trends in the used car market in your city.