January 15, 2005 06:02 AM
5 Tips: Buying A New Car
Excerpt: Avoid "buyer's remorse" by knowing the facts. There are loads of cars for sale but probably few will both meet your needs and offer the best value.
You may not be one of the "gear-heads" in Detroit this week for the Annual North American International Auto Show, but you're still gawking at the hot wheels.
Why not start the year in a new driver's seat? Getting the best deal can be tricky and time-consuming, but today's Five Tips with give you the edge in getting the best ride for your buck.
1. Do your research.
Avoid "buyer's remorse" by knowing the facts. There are loads of cars for sale but probably few will both meet your needs and offer the best value.
For a small monthly fee, you can get access to Consumer Reports' vehicle recommendations, as well as their ratings on safety, reliability and class on its Web site: www.ConsumerReports.org.
When you have an idea of what you want, check out Kelley Blue Book's Web site at www.KBB.com. KBB is not just for used cars anymore; it also has great information on new models.
Once you have the information you need, start shopping around at the different dealerships. If you hate the haggling, try a dealership's Web site to get information and prices on cars. Still, you'll want to go to the dealership to test drive each car you're looking at.
2. Think incentives.
The average incentive right now is $5,200, the highest ever recorded in January. Incentives vary by area, so check your local newspapers.
Also think about incentives that aren't advertised. According to Consumer Reports, dealerships often don't tell buyers about rebates or cheap loans that are available.
"Hidden incentives happen all the time," says Art Spinella, president of CNW Research.
So when they offer you their incentives, be tough, ask straight up, "Is there anything additional you can give me?"
READ FULL STORY ...Reinventing The Wheel (And The Tire, Too) - Jan 03, 2005
Largest Used-Car Dealer? You'll Be Surprised! - Dec 27, 2004
Cutting Auto Costs With Car Sharing - Dec 27, 2004
Holiday Car Shopping - Dec 22, 2004
8 Top Auto Maintenance Myths - Dec 19, 2004
Buy a New 2004 or a 2005? - Dec 17, 2004
Bargains On Stranded Cars - Dec 02, 2004
Tips For Saving Fuel - Nov 26, 2004
Leasing Demystified - Nov 26, 2004
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