Negotiating Used Car Prices-How to Get the Best Bang for your Buck!

Now that you’ve sold your old car it’s time to look for another vehicle. So you’ve decided to purchase another used car?  With today’s advancement in technology anyone can find a car at any given time. There are many sites where you can search for used cars by sorting them out by mileage, distance from home, year, and price.  You can check Craigslist for used cars in your area, but you need to proceed with caution. Just as there are many honest people, there are also many people who are out for themselves and if you aren’t careful you might end up with a lemon. When searching Craigslist for a used car, how do you negotiate a car price? Hold that thought. Besides Craigslist you can also look for local newspaper ads of individuals who are selling their used vehicles. You can always opt to see what your local car dealers have to offer, but beware of the used car lot sharks that don’t have your best interest at heart.  Used car dealer sharks are trying to make a living just like anyone else and in these hard times they will do what it takes to make a sale. They also know how much to sell that car for to meet quota, and it might not be what the car is worth. 

Okay, so jumping back to my previous thought on how to negotiate a car price: there’s an art to car price negotiating and you can learn how to be a real ball buster when it comes to bargaining for the best price. This means that you need to know a couple of things. The seller is always going to try and get more money out of the deal. With that in mind you need to know that what the seller is asking for is the “asking price”.  The asking price isn’t set in stone-that’s why it’s not referred to as the “final price”. Most people have a hard time being assertive when it comes to dealing with buying a car. They will cower before they even try to get the most bang for their buck. Once you know the asking price it’s your turn to offer 15% less. Before you make the offer be sure to give the vehicle a rest drive! If you and the seller can reach an agreement do not sign on the dotted line until you take the car to a nearby mechanic for a quick check-up. For a few extra dollars you will want to find out just how good a deal you’re getting. If the seller wants to sell his vehicle then he won’t mind taking a trip with you to ease your mind.

Lastly-cash talks and very loudly I might add. If you show up with a wad of cash in your hand, your seller might be desperate enough to sell the vehicle at any price you’re throwing on the table. There you have it-how to negotiate a car price and still get the most bang from your buck!