According to Jeremy Brubaker of uncover the net it pays to go surfing before you go to a dealer. Doing your web research before hand can actually save you thousands on purchasing your next vehicle.
How you might ask?
1. Essential vehicle information is free and accessible.
2. General market value of vehicle can be easily determined.
3. Rebates can be found.
3. Time can saved not running from dealer to dealer.
4. Peace of mind is kept in tact.
It seems that rebates that are offered online by the manufacturer might not always be offered by the individual dealer. According to Brubaker:
“Rebates are a popular tool used most frequently by American auto makers.
For the consumer, an advantage of the incentives can be that banks are willing to loan
retail price and even a little more. The sale price often ends up thousands of dollars
less than the retail price. So if you owe slightly more than your car is worth, you may
be able to roll that negative equity over into a shiny new car. Rebates can be as high as $7000 on GM trucks and $5500 on GM cars. I found dealers reluctant to admit how big the rebate
should have been on my last truck.
The most accurate and up to date rebate information can be found on the manufacturer web sites.”
Further, you can also find out the difference between the retail and invoice price of the vehicle on the net. This gives you a powerful negotiating tool. It is recommended to look at the following sites to find the true retail cost for a vehicle.
autofigures.com
nadaguides.com
kbb.com
consumerguide.com
edmunds.com
Knowledge is a powerful tool when it comes to car buying. Don’t forget to go surfing before you shop!
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