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The Car Dealership: 10 Insider Tips on Getting the Upper Hand

Don't feel intimidated: Arm yourself with knowledge and get ahead of the game.

Sara by Sara
August 30, 2024
in Saving
Reading Time: 6 mins read
0
A woman stands in a car dealership, listening to a salesperson.

Stepping onto a car dealership lot can feel like entering a high-stakes game where the rules aren’t quite clear.

  • But what if you could level the playing field?
  • What if you could walk in with the confidence of a pro and the insider knowledge to match?

Well, buckle up, because we’re about to take you on a ride through the secret playbook of car sales.

We’ve gathered intel from industry insiders, former car salespeople, and savvy buyers to bring you the top 10 tips that’ll have you wheeling and dealing like a pro!

From timing your visit just right to mastering the art of silence, these strategies will help you navigate the twists and turns of car buying with ease.

So, whether you’re in the market for a sleek sports car or a family-friendly SUV, get ready to turn the tables on those smooth-talking salespeople.

Let’s dive in and discover how you can get the upper hand at the car dealership!

 

A cartoon of a person at a car dealership.
You definitely don’t need to be intimidated at the car dealership any more.

 

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1. Do Your Homework

Tip: Research the make, model, and year of the car you want before visiting the dealership. Know the fair market value, including any current promotions, incentives, or rebates.

Insider Insight: Salespeople can tell when a customer is knowledgeable, which makes them less likely to push for a higher price. Use online tools like Kelley Blue Book or Edmunds to get a good idea of the car’s value.

 

2. Time Your Visit

Tip: Visit the dealership towards the end of the month or quarter. This is when salespeople are most eager to meet their quotas and might offer better deals.

Insider Insight: Salespeople have quotas to meet, and missing these can affect their bonuses. Coming in when they’re eager to close deals can work in your favor.

 

3. Dress Casually, but Confidently

Tip: Wear something casual yet polished. Avoid flashy clothing or accessories that might give away your financial status.

Insider Insight: Salespeople often judge customers based on appearance. Dressing down can prevent them from assuming you have a higher spending limit, potentially leading to better negotiation terms.

 

4. Be Polite, but Firm

Tip: Be courteous, but don’t be afraid to walk away if the deal doesn’t meet your expectations.

Insider Insight: Salespeople respect firm but polite customers. If they sense that you are willing to walk away, they might offer a better deal to close the sale.

 

5. Don’t Reveal Your Budget

Tip: Avoid discussing your maximum budget upfront. Instead, focus on the car’s price, not the monthly payment.

Insider Insight: Salespeople may try to focus on monthly payments rather than the overall cost, making the car seem more affordable. Stick to negotiating the total price of the vehicle to avoid hidden costs.

 

6. Ask for Out-the-Door Pricing

Tip: Request the “out-the-door” price, which includes taxes, fees, and any additional costs.

Insider Insight: This prevents surprises later in the negotiation process and ensures that you’re aware of the full cost of the vehicle.

 

7. Use Silence as a Tactic

Tip: After making an offer or receiving one, remain silent and let the salesperson speak first.

Insider Insight: Salespeople are trained to fill uncomfortable silences. By staying quiet, you can prompt them to make concessions or offer better terms.

 

8. Avoid Discussing Trade-Ins or Financing Until After Price Negotiation

Tip: Keep trade-in discussions separate from the car price negotiations.

Insider Insight: If you mix trade-in negotiations with the car price discussion, salespeople might manipulate the numbers to appear as if you’re getting a better deal than you actually are.

 

9. Bring a Friend or Partner

Tip: Bring someone with you for support and to serve as a second set of eyes and ears.

Insider Insight: Salespeople might try different tactics to pressure you. Having a friend or partner can help you stay grounded and provide an additional perspective.

 

10. Know the Power of Walking Away

Tip: If the deal doesn’t meet your criteria or you feel pressured, don’t hesitate to walk away.

Insider Insight: Many salespeople are trained to call or email with a better offer if they see you leaving without making a purchase. Sometimes, the best deals come after you’ve shown you’re not afraid to walk away.

Time for an Auto Loan? Follow These 8 Steps to Save Time and Money

 

Keeping on Top at the Car Dealership

Armed with these insider tips, you’re now ready to face the car dealership with confidence!

Remember, knowledge is power in the world of car sales, and you’ve just loaded up your arsenal with some of the best strategies in the game.

From doing your homework to mastering the art of the walk-away, you’re prepared to navigate the dealership like a pro.

But here’s the real secret: the best deal isn’t just about getting the lowest price—it’s about walking away feeling satisfied with your purchase and the process.

So take a deep breath, stand tall, and get ready to enjoy the ride. After all, buying a car should be exciting, not intimidating.

Now go out there and show those salespeople what you’re made of. Happy car hunting, and may the best deal be with you!

Can You Save by Bundling Your Home and Auto Insurance? 3 Pros, 3 Cons and What to Consider

Photo by Antoni Shkraba

Tags: buying a car
Sara

Sara

Sara DeSantis is an Accredited Financial Counselor Candidate through the AFCPE and is an adjunct professor teaching personal financial literacy. She is passionate about teaching the basics of finance to young adults who are entering the adult world with debt. Sara is part of the FIRE movement and hopes to retire before 30. She has published dozens of finance articles for blogs, developed finance courses, and written over 50 financial podcast scripts. Sara resides in Denver, CO.

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