If you are looking for a used car simply because you don’t want the hassle of the expense that comes with brand new off the forecourt vehicles, then courtesy of minneapoliscarsforsale.com we have come up with some great tips for you to work with.
Some of the tips here derived from my own experiences of buying used cars and some of the additional information has been provided by Minneapolis Cars for Sale; an online car dealership hub that brings Minneapolis car dealerships together in one place.
Here are our 5 main tips for you:
- Look for reviews on the company you plan to make the purchase from
Nowadays the internet is full of information. It started with general information, then information about countries, then companies and now local websites have become common place.
With so much information out there on companies in your local area, it should not be difficult to find reviews on the car dealership you plan to buy a used car from.
Google, White Pages and other directories out there that specialize in providing people with contact details for certain services/products are great places to look.
Many of these websites include a review section about the company you want to deal with. Look for reviews from happy customers and make sure you spot any bad reviews.
Obviously one of the best recommendations you can get is from friends or work colleagues. Positive word of mouth is one of the most important forms of marketing any business could help for.
In short, you should always make sure that the car dealership you choose has a good rep.
- Look on the internet before you buy (price comparison)
Car salesmen do have their own kind of reputation for sure! Most importantly of all is you need to spot an honest one from a dishonest one. This is where the internet can really help you get the price from the salesperson you end up dealing with.
In general, we would suggest only using car dealerships that have a website and reviews as per point number 1 made in this blog.
These online as well as brick and mortar companies are usually on the internet because they are running an honest business. They are looking to build a reputation and understand not only the importance of the World Wide Web for its marketing value, but also they know that word of a reputable business can quickly spread on the internet; hence, they try their best to be the best.
This means they will make sure that they have honest and competitive pricing. Those prices will be listed on their website along with specs and photographs of the vehicles they have on their forecourt.
With a decent website, you can easily compare prices of the make and model of the vehicle you are interested in purchasing. Then start to compare the specs. Does it have electric windows, GPS and any other mods such as a state of the art car alarm?
By looking at the website, you can answer most of these questions through some simple research. You can then go to the car dealership already educated.
This way you can go to the dealership with a price in mind. You can use examples of other dealership prices and show them to your sales rep.
At the end of the day, being educated enough through price research will help you get the best deal and avoid any potential rip-offs.
- Make sure you get a legal warranty
It is often difficult to understand all the information that comes with a warranty. Many of the car dealerships out there have a readily made warranty that is standard issue.
However, there are those few companies out there that love their small print. The small print is usually a clause that exempts the dealership from let’s say a sudden engine malfunction that could end up costing more than the car is worth.
Another one which is a personal mistake I made was the additional $500 a paid for a car because of the high-tech security system that came with it. I did my research and this system made the car pretty much immune to auto-theft.
What happened? The alarm system stopped working after about 6 months. I took it to the dealership and they said it is not covered under the warranty and that I would need to take it to the manufacturers of this system.
Let’s just say that the price to have the system fixed was worth 50% of the value of the vehicle. Although a rock when it comes to security systems, it was an older outdated model and would need all kinds of software updates and modifications to bring it back online.
Get legal representation if you can and it will save you so much time and money in the future. Or pay that little bit extra to make sure the warranty covers the extras.
- Use a dealership that has a good insurance deal
You may already have insurance with huge no claims discounts. That does not mean that you cannot get a better deal.
Many dealerships earn what is effectively an affiliate or shall we say introductory bonus from insurance companies for new customer recommendations. This can work in your favor in 2 ways.
Firstly, the affiliate commission the car dealer receives is not their main concern; it is the sale of the motor vehicle that is their primary motive here. Therefore, you could get a nice discount as the dealer offsets the payment of any commissions from insurance companies against the price of the car.
Secondly, the insurance company wants to steal you from their competitor. If you have a decent no claims bonus already, then the dealer will be able to broker a cheaper deal for you.
In the end, the dealer gets a sale and you get your car at a discounted rate.
- Follow the above 4 tips (Avoid Future Troubles)
Trust me when I say just 2 – 3 hours of research and a small investment on the legal side will save you so much potential hassle.
Imagine you do not perform any research and just bought a car from a dealer without following these simple tips. Later on down the line you realize you paid $1,000 too much for your vehicle, or the state of the art alarm system that you paid that little bit extra for breaks down and is not covered by any warranty.
All these things are important aspects of buying a car. Yes, you may end up putting a few car dealers backs up because you are pressing for hard deal, but in the end it is your time and money.