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Reply to "Help me know how to negotiate a new car "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP I trade the old car in because I’m not willing to spend hours and hours trying to squeeze more out of it. But what you should do is get a Carmax offer, because they’ll probably match that or if they won’t, Carmax is easy. Figure out the exact trims and colors and such you’ll accept, draw a circle you’re willing to drive, and call all the dealers in the circle. Just be transparent and go to the one who gives you the best price. They all know we’re doing this anyway and you’re not a plum for them because you’re paying cash. That way, hopefully, you end up only having to drive to one dealer and paying a reasonable price. [/quote] It does not take hours and hours to sell your old car. Again, do not make the sale of your old car part of the deal. Sell it to the Carmax or whomever. They make it easy. It's a good point to mention that cash is not king anymore. No dealership is impressed with it as they make money off of the loans. [/quote] True. You’ll get a better deal financing and then paying it off. Just make sure there’s no prepayment penalty and don’t tell them your plan. [/quote]
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