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by:Yovog     2022-07-17
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If you do your homework, it's time to steal a new car from your car dealer.
For more than a year, car sales have been falling because Americans are crazy about SUVs and trucks.
As cars such as the Chevrolet Malibu and Chrysler 200 are in stock all over the car market, automakers have to offer big discounts to sell them.
There are several steps to find the most cost-effective price, but it boils down to: Find out which cars are not sold, study discounts, and not buy until the end of the month when dealers are more eager to sell.
Brad Kona, managing director of AIS Rebate, Ontario, follows the maze of car manufacturer discounts, equating the purchase of cheap cars with the purchase of discounted baked goods.
You have to look closely in order to get a good deal.
"You walk into the store, one day --
"The Old Bakery stuff is on different shelves," he said . ".
Be wary of offers that look too good to be true, such as payments of $69 per month.
Earl Stewart, a Toyota dealer in North Palm Beach, Florida, has criticised sales strategies for other dealers and advised people to ignore dealer ads.
"Maybe 99% is misleading," he said . "The low-
Price transactions are often stripped off
Down models that dealers may not even have.
They can also include a large down payment.
But with the right information, you can navigate the maze of new car sales and get 20% or more from the price tag of the car: many compact cars, medium and large cars for more than a year, gas-
Electric hybrid and many low-power
Sales of luxury cars are not good.
Therefore, the supply of dealers is very large.
They are eager to sell because they pay interest for the car.
So you need to know how big your car is.
Then look for monthly sales press releases from automakers on the internet and find the biggest models of the yearover-year declines.
Sales data were released earlier this month.
In order to get the best deal, you can't be too picky about the color or the equipment because you need to buy something on the dealer batch.
Many sites, including the car company and kbb. com, truecar. Com and Edmunds.
Com, list the public discounts that are called rewards.
Suppose you decide to buy a medium car.
Sales of Nissan's Altima fell nearly 15% in January, so there could be incentives.
On its website, Nissan offers a $4,550 discount, a well-equipped $25,460 Altima midnight edition.
No bargaining, close to 18% from the sticker!
There is usually a combination of zero-rate financing and cash back.
According to Ward Motors, the mid-sized vehicles with the largest stock include Chevrolet Malibu, Honda Accord, Toyota Camry, Hyundai Sonata and Ford Fusion.
Selling cars in the United StatesS.
In the first two weeks of this month, go to several dealers.
Confirm the rewards you found online and ask for more.
Usually car manufacturers add deals by region, or they offer rebates if you have a competitor's model or one of their models.
There are other discounts as AAA members, serving in the military or recent college graduates.
When most salespeople find out that you have finished your homework, Korner says, they will honestly give you a good price.
Michelle Krebs, analyst at Autotrader.
Com says, don't mention trade at this pointin.
Discuss this later in the transaction.
Don't agree to buy at this time.
Wait until the last few days of a month or quarter and you will get a better price.
First of all, the dealer provides a salesperson bonus to achieve the monthly sales target.
They would be more willing to trade if they were close to the bonus.
In addition, dealers receive so-called "ladder" incentives from automakers to achieve sales targets.
This is a lot of money, so dealers close to the target are more willing to bargain.
For a bigger dealer, reaching the step target could mean a difference of $250,000 or more between the monthly profit and loss, says Stewart.
GM gave up a 20% discount to help some dealers get rid of their cars in 2016.
Big dealers can get higher pay from car manufacturers and sometimes offer better prices than small dealers.
The bottom line is that if you go through all these steps and you are a tough negotiator, you can get
The price of the equipped car is lower than the price of strippingdown SUV.
Even if you don't move this month, car deals can last for some time.
Jeff Rogers, general manager of Miami Williamson Motor Group, said: "It will not change until the purchase of Volkswagen loses interest in SUVs . ".
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