I hate to be the bearer of bad news, but everything you’ve heard about buying a new car is a lie. I’m serious. So much of what we’re told is to make sure we do things the right way. However, today I’m going to bust these myths for you, and you’re going to thank me later! Here are the Five Myths About Buying a New Car You Didn’t Know About.
Service Your Car at the Dealership You Bought It From
If you live over 30 miles away from where your original dealer is located and there is a closer dealership – which one are you going to go to? Right, the one closest to you. Nowhere does it say that you HAVE TO GO TO YOUR DEALERSHIP!
Special Ordering a Vehicle Will Cost More
If you’re on a budget and the car you want is out of your budget, but getting a package deal will actually save you money…common sense says to special order the vehicle with your package deal. It keeps you within budget and it makes dealerships like Humes, extremely happy. Unlike popular beliefs, dealerships work for you and your needs.
End of Month Purchases Save You Money
Huh? No! This isn’t necessarily true. Wait until sales are announced, like President’s Day, Memorial Day, etc. I got my deal two days after Christmas! Do your homework folks.
Lower Price or Payment Means You Got One Heck of a Deal!
NOPE, NOPE, NOPE! Luckily for me, my husband is an accountant. I almost got duped once, and never again. One time I got one heck of a deal and a payment plan. The dealership worked with my credit, my down payment plus trade-in, and total sale going on. Thanks to talking to the salesman I was able to get the price I wanted with the payment I could afford. Many of you think that a lower payment or a lower price tag means a deal. There is a lot more that goes into it. Make sure you ask questions and take a closer look at what you’re being offered.
Paying Cash Will Get You a Better Deal
I don’t know where this thought came into play, but it’s not true. At least, not true entirely. A better deal will happen if you are buying a used or certified car, rather than a brand new one. On a new car, the dealership isn’t making too much money on the vehicle, to begin with. In that case, whether you are paying cash or financing makes little difference to them.
Hopefully, these myth busters have helped you make a more informed decision on how you purchase your car and what you do afterward.