A Women's Guide to Buying a New Car: Internet Secrets Car Salesmen Don't Want You to Know

By Lucy Brandon, published Sep 30, 2007
Published Content: 37  Total Views: 10,213  Favorited By: 2 CPs
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Women are buying new cars in record numbers, yet some still think they need a man to help them with the process. Many women find the task of buying a car to be too overwhelming, they think they don't know enough about engines, and brakes, and interior and exterior to make an informed decision; this should not be the case. While most women are not the car enthusiasts many men claim to be, they do have access to the same information as men, via the internet. The internet is a women's best friend when it comes to purchasing a new car.

When buying a new car make sure you do your research. When you go to the dealership you should be armed with information regarding how much the dealership paid for the car you want to purchase. This information is readily available on websites such as www.edmunds.com and www.dealernet.com. Any thing a buyer would ever need to know is spelled out in layman's terms on these sites. The website www.edmunds.com is very user friendly . If you need to know the difference in the price of a Honda Odyssey with leather or a Honda Odyssey with cloth interior, the information is available to you at the click of your mouse. If you need to know about the 5 lowest priced sedans on the road, that information is at your finger tips, as well.

As a general rule there is no reason to ever pay more than five hundred over invoice price, you should never, I repeat never pay MSRP (manufacturers suggested retail price) for a vehicle. There is no reason a women can not get a great deal when buying a new car; ladies, negotiate, negotiate, negotiate. If in fact you did your research, car salesmen will not be able to take advantage of you. Car salesmen hate the internet, and for good reason. Gone are the days when consumers did not have the knowledge needed to save money. Check out www.edmunds.com chances are your research will pay off and you will spend thousands less than MSRP.

Comments
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Rules like "never pay more than $500 over invoice" are outdated and ill-informed. Dealers get holdback, marketing allowance, and tiered payments based on quantity that make it difficult to come up with blanket statements regarding how much you should pay for a car in relation to invoice. In addition, supply, demand, and current market conditions play a huge role in pricing. Should you pay $500 over invoice for a Chevy Suburban right now? There are three thousand dealers nationwide who would love to get their hands on you. Want to pay $500 over invoice for a Prius or a Fit? You'll never get one. Double it to $1000 over, and you still probably won't find a dealer who'll sell it to you. That advice isn't limited to small cars. Try to find a Dodge Challenger at $500 over invoice, you'll be laughed out of the showroom. People who follow your advice won't be able to drive the car they might want because they're following bad advice from people like you.

Posted on 07/09/2008 at 11:07:09 AM

 
Rules like "never pay more than $500 over invoice" are outdated and ill-informed. Dealers get holdback, marketing allowance, and tiered payments based on quantity that make it difficult to come up with blanket statements regarding how much you should pay for a car in relation to invoice. In addition, supply, demand, and current market conditions play a huge role in pricing. Should you pay $500 over invoice for a Chevy Suburban right now? There are three thousand dealers nationwide who would love to get their hands on you. Want to pay $500 over invoice for a Prius or a Fit? You'll never get one. Double it to $1000 over, and you still probably won't find a dealer who'll sell it to you. That advice isn't limited to small cars. Try to find a Dodge Challenger at $500 over invoice, you'll be laughed out of the showroom. People who follow your advice won't be able to drive the car they might want because they're following bad advice from people like you. Please leave it to profession

Posted on 07/09/2008 at 11:07:15 AM

 
Good tips, especially about the trade in. These tips are true for men too. My dad is a very gentle-mannered guy, and clearly not a big car enthusiast, and the dealers will pull just the same tricks with him as any woman

Posted on 10/20/2007 at 3:10:00 PM

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