Tips and Tricks to buying a new car

Buying a new car can be an exciting, but intimidating experience. Here are some tricks and tips to help you navigate the process and ensure you get the best deal for you:

• Research Thoroughly: Before stepping into a dealership, research different car models, features, and prices online. Websites like Kelley Blue Book, and Consumer Reports can provide valuable information about car reviews, pricing, and reliability.
• Set a Budget: Determine how much you can afford to spend on a new car. Stick to your budget to avoid overspending.
• Pre-approved Financing: Get pre-approved for a car loan from your credit union before visiting the dealership. This gives you leverage during negotiations and helps you understand your different financing options.
• Compare Prices: Once you’ve narrowed down your choices, compare prices from multiple dealerships.
• Timing is Key: Dealerships often have sales targets to meet at the end of the month or quarter. Consider shopping towards the end of these periods when salespeople may be more willing to negotiate to meet their targets.
• Negotiate the Price: Don’t be afraid to negotiate the price of the car. Research the fair market value of the car you want and use this information during negotiations. Be firm but polite, and don’t hesitate to walk away if you’re not getting the deal you want.
• Inspect the Car Before Buying: Before deciding on the best vehicle for you, inspect it thoroughly for any damages or defects. Test all the features and ensure everything is the way you want it to be.

By following these tips and tricks, you can navigate the car buying process with confidence and secure a great deal on your new car.

When you are ready to roll, NCFCU has competitive vehicle rates with flexible terms to work with your budget!