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Saturday, October 31, 2009

Used Car Bargaining Tips!!

Trying to purchase a car can be a little overwhelming and even embarrassing for the inexperienced. As the economy continues to sputter along, others in comparable positions have bargained their way into great price on their cars. Some people wonder what the dealer will think about you if he pulls your credit and you can't get approved. But keep your chin up, as most earnest people will be approved, and you'll rely on your confidence when it comes to terms.
To begin with, don't concern yourself with what other people thoughts about you may be - especially strangers. It boils down to the fact that you are in the dealership to possibly get a deal with them - and they are thankful to have a potential customer. No person at any car dealership will ever consciously conduct themselves in a way that might put a potential customer off.
In all likelihood you will receive approval on a car loan. However, if you look like you aren't confident it will likely be seen by the salesperson, and you will have less ground to negotiate from and that may result in you paying more for the car than you might have otherwise. It is hard to negotiate from a position of power when the other party can sense . So keep your cool at all times, and try not to show too much emotion one way or the other.
Though you may be declined if your credit rating is really bad, you should still act as though you are about to be approved and proceed with bargaining for a good price. And besides, keeping your cool may change opinions enough that some workaround may be found.
Additionally, you want to avoid appearing as having a lot of interest in any given car. By becoming excited about a car they know you will pay more for it, so it's best to look over it with a critical eye and voice any flaws in it or improvements you would like.
You never want a salesperson to think that the deal is already done, and only the paperwork has to be signed. When a salesperson notices this, it effectively signals the negotiation is complete, and you won't get any more concessions. He needs to believe that you and your money might walk away any minute, if you don't get the deal you are looking for.
Also keep in mind to be reasonable - if a dealer notices you're being a little too difficult the whole thing may be shuttered on their end. But if you manage to achieve a few concessions then consider you trip a success. So keep these three points in mind: act confident at all times, don't get overly interested in one car, and be ok with walking away if you don;t get what you are looking for.
Don't let bad credit become more than it is. It's nothing to be ashamed of, is more common than you think, and dealers have systems in place to get you credit. So the next time you go into a dealership follow the steps above and you have a good chance of getting the car you want at the price you asked for.
It can be tough trying to decide what the best used vehicle is for you. Come and see us in Markham or on the web at http://www.germanstarmotors.ca and let us help you through the process of getting a fantastic used car.
Article Source: http://EzineArticles.com/?expert=Noel_D_Johnston

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