Posted Monday, Jan 08, 2018
Some tips to avoid overpaying while purchasing a car from a dealer are as follows:
1) Carefully look at the FEES that the dealer is trying to charge you. It could have multiple names (Servicing Fee, Contract Fee, Initiation Fee, Dealer Fee, Fee on Charging Fee, etc.)
2) Investigate the average market price on your vehicle of choice. You can often find the same vehicle at a cheaper price (More to come on how to find the best deal online!)
3) Don't confuse Advertised Price with its Actual Price. Usually, dealers advertise very ATTRACTIVE (less than a market) price on their Inventory, but in fact, it's only a marketing trick to get customers to visit the store.
4) Don't hesitate to ask for a better deal, every seller wants to sell, and every buyer wants to get the value equal to the money they spend.
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