| Becoming
a good negotiator doesn’t have to be as difficult as it would
seem. Sooner or
later everyone will have
to negotiate with someone if they want to get a good deal on a
purchase.
When
you are trying to negotiate a deal with a car dealer, you should
realize that
they are
very good at what they're doign and practice their art everyday. As
consimers we rarely practise our negatiating skills. You will need to
know how to get
through
their “car speak” in order to be successful.
Since
you now know how to calculate your offer and already know what the
dealer paid
for it, you should try to get a copy of the paperwork from a friend or
someone you know that
recently
bought a car, so that you can become familiar with what you will see on
your
paperwork. They are all generally the same.
If
you’ve followed the other tips mentioned on the links
provided, you will also be
pre-approved for a
loan. The key is for you to get in and out of the dealership as quickly
as
possible because if you stay
longer than you need to the salesman
will definitely find more loopholes or other "extras" in hopes of
bumping
your
charges and their commission.
Here
are a few tips to successful negotiating.
-
Remain positive, confident and informed.
- Don’t
talk down to your opponent, you ther to get the deal you want, not to
prove anything.
- Show
up prepared and ready to counter anything
unwanted that may come up.
- Bring
ads from other dealerships with you as
an extra weapon.
- Finance
your loan before you arrive at the
dealership so as to avoid
paying unnecessary extra fees.
-
Bring a friend with you for extra support.
Something
that you should look out for from salesmen is the extra little tricks
that you
will likely encounter that will try to force or rush into a buying
decision. Don't rush anything, hasty decisions cost YOU money.
You
have to remember that they are trying to negotiate you into paying more
money
just as you are trying to negotiate paying less. Here are some of the
things
that you can expect to hear from them.
1.
“These cars are flying off of the lot. It may not be
available for the same
deal tomorrow”. (Threaten to leave and they will ease up and
try to change
their strategy)
2.
“This deal is only good for today. If you come back tomorrow
I can’t
guarantee that the deal will be the same”.
3.
“I’m an honest man. Look at how many cars
I’ve sold this weekend” (This
is where he will show you his list of sold cars. If he does this, then
tell him
that he doesn’t need your money).
4.
“I hate to tell you this but I have another offer on the
table from a man that
is willing to pay more money than this.
I
am just waiting for his paperwork to be returned”.
(Tell
him that if he promised the car to someone else, you don’t
want to step on
someone else’s toes and that you should leave then).
5.
“To cover the overhead costs, we have paid $13,000 for this
car (Just check
your paperwork in your folder and prove them wrong).
These tips
will ensure you stop the salesman from any car buying pressure tactics.
Trust me, you have the upper hand, there are tons pf dealers and even
more car dealers online. If you take your time you will get the deal
you want without any regrets.
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