Concerns about America’s future have run rampant since the night of November 8th, 2016. Suddenly, we’ve come to see our own social-media-driven bubbles, the emergence and impact of fake news, and how easy it is to accept what we already believe while adopting blinders for anything else. Questions have arisen regarding how the American government will amend laws surrounding health care, taxation, and even the auto industry.
The world where new car dealers compete for your business is a place only the savviest buyers know exists. With just a few clicks of your keyboard, you could be well on your way to having new car dealers deliver you their best deals before even setting foot on a lot.
After all, according to a Time.com article, 75 percent of new car buyers, if given the opportunity, would rather do the entire process online. Let’s help you accomplish that.
The absolute first step you must take is researching the exact vehicle you want. You’re not going to get the best price on a Honda CR-V, the car we’re going to use to highlight the shopping process. Sure, it’s an extremely popular car, but that doesn’t mean deals don’t exist. Go online and build your vehicle. That will make you realize the car you want’s starting price and how expensive options will be.
When dealers chase incentives and sell at a loss, used-car prices take a dive soon afterward.
Certain incentives from automakers, called stair-step incentives, are coming back in a big way. For consumers, that means good deals are available, or will be soon, on many new and used cars. For dealers, it can mean significantly less money if the gamble to offer discounts doesn’t generate enough sales.
Stair-step incentives artificially depress the price of some vehicles while targeting certain other models for which the automaker hopes to boost sales. Do they work? That depends, of course, on who you ask.
As a general rule of life, buying things used saves money. In fact, aside from a house or a nice bottle of scotch, things generally get less expensive as they age.
Cell phones, computers, clothes and cars are all good examples of things people can buy used to save a significant amount of money versus buying new. Cars especially. Only in some kind of bizzaro world would buying a used car cost more than buying a new one.
If we’ve learned anything the last couple of years, though, it’s that bizarre just might become the new reality. Better get used to it.