What is the cheapest way to buy a new car?

Wednesday, February 17th, 2010

I plan on buying a new car with a loan from my bank. I want to know any tricks about buying that make it cheap. Is it cheapest to buy it from a dealer versus some other way? Are all dealers going to charge the same? Can I negotiate the price of a new car? Are certain times of year or any other factors likely to raise or lower the price?

Thank you very much!

check this website

http://www.dealertricks.com/

this one shows rebates
http://autos.msn.com/home/rebates_all.aspx

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What is the definition of a brand new car?

Wednesday, February 17th, 2010

I’m going to be buying a new car soon. I want to buy something brand new – with as few miles on the odometer as possible.

Somebody told me once that any car with over 100 miles on it is used. True or not? What about a model from last year with less than 100 miles on it. Is it still new?

What is the definition of a new car?

Personal opinion, if a vehicle has more than 10 miles on it, I consider it used, but avio is right, technically until the vehicle is registered and licensed, it can still be considered new, despite the mileage. A friend of mine bought a "new" Honda with 143 miles on it. Smart move to buy a new car rather than used, take your time, get something you will be happy with, and best of luck.

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What do you think about buying a brand new car?

Tuesday, February 16th, 2010

I have a 2000 Acura Integra that is in pretty good condition, low miles, etc… My parents bought it for me for graduation, so it is already paid for, but I would really like a brand new car. Do you think it is worth it to make a payment every month, along with rent? I want an Altima coupe. Also, how much would be a good down payment if I do decide to get the Altima? Any other tips on buying a new car?

Stick with the car you have. It’s in good shape and low miles and it’s paid for!!! What more could you ask for? Buying a brand new car these days is not worth it unless you’re rich. The value goes down thousands as soon as you drive it off the lot. I wish I new you so I could convince you to stick with what you’ve got. The car payment and insurance will be higher and you already have rent so why not save the money, keep your car and have that extra 2-300.00 dollars or more per month to do whatever you want with? The economy today has to be played right… Stick with what you’ve got.

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Buying a new car: "cost to change" query?

Friday, February 12th, 2010

I’m planning on part exchanging a 2 year old Mercedes (yep, because of fuel cost!) for a cheaper, more economical model.

Can anyone advise if franchised dealers have a minimum "cost to change" figure when taking a part exchange in return for a new car sale?

The differential between my current car and the one I want will be about £800 – £1200 and I wondered if dealers will just want to see more cash out of the deal in order to be interested. Thanks

Generally, yes, especially for your model.

The risk they have is of buying in a car which will be slow to sell and depreciate in value whilst sitting on their forecourt. At the moment, good mpg cars are selling like hotcakes and low mpg models are plummeting in value and are slow to move without heavy discounting.

With a model such as yours, a buyer would also expect the car to be retailed on a virtually "as new" basis, so the dealer would have to service the car and prepare it to the highest standards and then provide a warranty comparable to a new car. All of these things cost the dealer a lot of up-front money.

To try and offset these issues, the dealer has to offer you the absolute minimum possible and currently it’s often below what current printed and online price guides are indicating. The dealer also knows that fuel-efficient cars are selling very strongly at the moment so not only have the windscreen prices gone up but the dealer also has less incentive to offer a discounted price.

Your cost to change will therefore likely be somewhat higher than you planned.

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Foreclosed Homes and Repossessed Cars for Sale questions?

Monday, February 1st, 2010

I have a question, I live in Maryland and I am interested in buying a house and buying a car, but I see that repossessed cars and homes are cheaper. Is there a official website that I can go to so I can see the listings and prices/ does anyone have any advice on repossessed cars and foreclosed homes? I would love all the good advice I can get.

Thank you.

For foreclosed homes you can go to www.oreolist.com . This is a website I’m involved in so I’m what partial. I did however while compiling the list of foreclosures homes found that many credit unions have lists on their sites for repossessed cars. You might try there. Send me an email at contactus@oreolist.com and I’ll send you a list of links to all credit unions in Maryland. It might make your search a little easier.

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What I have to pay for buying new car in New York?

Monday, February 1st, 2010

My wife and I have lived in New York few months and we are thinking about buying a new car. We wanna know if we buy a small car like Hyundai Accent, what we have to know about owning?Which kind of tax we have to pay on the car? How much is the tax for the car we have to pay each year? We just know about the price of the car, but we have no idea about other expense for owning the car!

An easy place to start will be the local dealership, since most if not all of them also process the paperwork (title, plates, registration, inspection, etc) at the same time. You also should get a few quotes from insurance companies, depending on where you live (NYC versus somewhere upstate), as well as any extras, like parking garages, etc.

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Insiders Guide to Buying a New or Used Car

Friday, January 29th, 2010

Insiders Guide to Buying a New or Used Car
Current information on how to get the best deals on trade-ins, new car prices, special options and financing and how to buy a car on the Web.

(more…)

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What type research should I carry before buying a new car or a second hand car?

Friday, January 29th, 2010

I want to buy a car – old or new it doesn’t matter at all. All I want to know that how should I judge the right vehicle which could rather be a value for money to me. Please share tips related to what kind of things I should do a due diligence on before buying a car.

Read Consumers Report Car Buying issue, excellent info on new and used cars. If u r going for a used car, subscribe to Carfax, there u get info on where the car came from, if ever in a reported collision, mileage, how many owners.etc. Cost is reasonable for 30 days of unlimited usage, all u need is the vin number of the vehicle u r interested in. A new car is ur decision in taste and preference, but Consumers Report test drives all vehicles and u get their data. They also have the frequency of repairs and problems with used cars. Good luck shopping.

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What Car Dealers Won’t Tell You

Monday, January 25th, 2010

What Car Dealers Won't Tell You
Be Smart, Be Preparedaand Be the Winner in the Car-Buying Game

Buying a car? Afraid youall get ripped off? Bob Elliston, President of Automotive Consumer Information Service, Inc., gives you the insider tips you need to get the best caraand the best deal

Elliston walks the reader through each stage of buying a car and includes valuable information on:
Using the psychology of the car dealer to negotiate a great deal
Deciding between buying or leasing, new or used, foreign or American
Shopping at auto auctions
Figuring out what to payabefore entering the dealership
How to use the Internet to your best advantagafrom research to online buying services

With checklists, tables, and work sheets not found anywhere else, “What Car Dealers Wonat Tell You” levels the playing field and takes the uncertainty out of buying a car.

(more…)

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How insurance coverage work for new a car ?

Sunday, January 24th, 2010

Hi,

I intend to buy a car by the end of this month on the weekend (I work from Monday to Friday and do not want to skip working).

I will use my old car for trade-in. And I will switch my current insurance on to the new car. Since it all will be happening on the weekend (my insurance office closed), I will have to switch the insurance on Monday.

If something happen to the new car before the insurance switched (sometime before Monday), who will cover the car ?

Any advice ? Thank you…

If you drive the car without insurance, and something happens, it’s not covered.

Call your agent and tell him you are buying a new car. If you can get the VIN in advance of the sale, it would be helpful. Ask him to get you covered before you drive it. He should be able to help.

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