The internet is a great tool for shopping for a new car. You can research the pros and cons of a vehicle you are considering, improve your chances of finding a reputable dealer, and explore financing options. You can even see if a dealer has the exact car/ truck you want before you even set foot on the lot.
Check Manufacturers’ Reputations
Before considering where to buy consider what to buy. For example, if you are looking for a small SUV find out how different models of small SUVs compare in terms of quality through a source like JD Powers, Consumer Reports, or Edmunds. Without us endorsing any one brand you learn the Subaru Crosstrek is listed among the best small SUVs. Note: Just because an auto brand has a good reputation does not mean all their dealers have a good reputation.
Consider Multiple Dealers
Having chosen the Crosstrek now you start the search for a dealer. To take our example further you reside in the “Bee Hive” state so you type “new Subaru for sale Utah” into a search engine and compile a list of dealerships to check out. It is in your best interest to consider multiple dealerships.
Do Due Diligence
Start your dealership search with the Better Business Bureau (BBB) website, dealerrater.com, or yelp. When searching for the BBB website be sure to include your state in the search criteria. Check how long a dealer has been in business. Being relatively new does not necessarily mean the dealer is dishonest, but having survived in a location for a long time is a good indicator they are foursquare.
An easy way to compare dealership prices is through CarsDirect, CarClearanceDeal, and Edmunds. You might get a better price from a dealer in a low-income area. Of course, you won’t know exactly what you will pay until you buy. Visit dealer websites to see if they have the color vehicle with the options you want in stock. Explore the incentives a seller offers like free routine maintenance.
Consider your own convenience. Is the dealer near your home or work? Do their business hours fit your schedule? If your car is in the shop does the dealer offer a loaner?
Shop For A Loan First
As with the car and dealer, you will want to shop around for financing before shopping for the car. This will get you the best rate and determine how much vehicle you can afford. This can be done online.
Try to keep the life of the loan to five years. The bigger the down payment the lower the monthly payments. The recommended down payment is 20%. If you can’t swing that try for 10% with new car replacement coverage. Each time your credit is checked your rating drops. You can counter this by taking proof of identity, employment, salary, and the debt you are carrying with you when seeking financing.