What To Pay for a New Car or Truck:
Now that
you have all your printed information in your new car buying
tips folder you can see what the dealer pays on
your vehicle of choice.
This will help you know what to pay for a new
car or truck.
What to Pay for a New Car -
Quotes
By doing your research and getting your FREE -
No Obligation quotes through Yahoo! Autos without ever talking to a
dealer you should now have quotes from four competing local
dealers. I have seen quotes from dealers that are actually
below dealer invoice when I requested quotes through Yahoo!
Autos.
What to Pay for a New Car or Truck
Your objective is to pay dealer invoice or
lower.
You Ask: How could I buy a car or truck
for below invoice?
Invoice is what the dealer pays for the car, but there is an
amount that is called Dealer Holdback. Holdback is an amount
that is paid back to the dealer for selling the car to you.
Depending on the brand this could be anywhere from 1% to 3% of
the vehicle base price. This could be anywhere from a couple
hundred or up to a thousand or more depending on the
manufacturer and the vehicle.What to pay for a new car also
depends on the car and how popular that particular vehicle
may be.
Dealers are very reluctant to give away any dealer holdback.
But there are times that it is easier than others to get some
or all of that holdback money. There are many variables to
consider when you ask what to pay for a new
car.
For Example:
* When the new model year comes out and the dealer still has
some of last years models left in inventory.
* When it is the end of the month and they need extra volume
for a sales goal, contest or month end bonuses that are part of
their pay
plan.
* A vehicle has been in inventory longer than the dealer likes
and is drawing floorplan interest, so they just want to move
the vehicle.
*They could just be having a weak sales month and want to move
extra units.
Let's get back to our vehicle now, you
know dealer invoice and aproximate amount of
holdback.
Next Question: How will you be paying?
Cash or finance. If you are financing make sure you go through
the Financing Section. Do you
have a Trade-In? If you do make sure you go to
the What is My
Trade-In Worth section for
values and get your pay-off if you owe money on the
vehicle.
If you did not get Your FREE - No
Obligation Quotes Yet - Go There Now......It's
FREE Yahoo!
Autos.
Then you will have very competitive prices from four different
dealers without ever stepping on the lot!
That will make it much easier to know what to pay for a new car
or truck.
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