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Buy A Care Analyze Buy A Car Essay

¶ … Buy a Care Analyze Buy a Car

For millions of people, the chance to buy a new car is an opportunity to experience the latest in automotive technology, with that sense of excitement. However, the different economic challenges have meant that auto sales would go into a four-year downtrend until last year. As sales increased by 11% in 2010, the highest number in 16 months. (Spenser, 2011)This is important, because it is showing how buying a new car will often depend upon the underlying economic conditions. As a result, this means that many consumers are unaware of how to effectively find the right automobile. Part of the reason for this is because of: a lack of experience in buying new cars over the last several years and a host of innovations in technology. As a result, all consumers must use proven tactics, to find the right new car that will address their unique tastes and personal needs. This means analyzing the best ways to locate the right vehicle, for a reasonable price. Once this takes place, it will provide the greatest insights, as what kinds of techniques need to be utilized when searching for a new car.

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When looking for the right new car (in the current market...

Financing is when you will have your own credit line already established with another financial institution (the moment you walk into the dealership). These are commonly called preapproved auto loans. The way they work is the bank will provide you with a line of credit, for financing the purchase of a new vehicle. This can help you to find the right interest rate and improve your negotiating position. Where, you can demand greater concessions from the salesman, without having to worry about any kind of possible financing. This is important, because it is showing how this will have an impact upon the overall negotiation process, by placing you in a position of strength (thanks to the preapproved loan). ("Car Buying Advice," 2011)
Knowing the extras that you will require, is when you are looking at what features are you need to have included with the vehicle. This is important, because understanding these additional options will help to improve your negations with the salesman. As you know what you want, which prevents them from talking you into purchasing extras that may increase the purchase…

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Bibliography

10 Steps to Buying a New Car. (2002). Edmunds. Retrieved from: http://www.edmunds.com/car-buying/10-steps-to-buying-a-new-car.html

Buying a New Car. (2010). Auto Trader. Retrieved from: http://www.autotrader.co.uk/advice/2010/07/buying/buying-a-new-car

Buying a New Car. (2010). Guardian. Retrieved from: http://www.guardian.co.uk/money/2008/jun/16/motoring.consumeraffairs

Car Buying Advice. (2011). Consumer Reports. Retrieved from: http://www.consumerreports.org/cro/cars/car-buying-advice/guide-to-new-car-buying/pricing/getting-the-best-price/
How to Buy a Car. (2011). Car Buying Tips. Retrieved from: http://www.carbuyingtips.com/carintro.html
How to Buy a Car. (2011). How Stuff Works. Retrieved from: http://auto.howstuffworks.com/buying-selling/car-buying.htm
New Car Sales. (n.d.) Money Super Market. Retrieved from: http://www.moneysupermarket.com/new-cars/car-prices.aspx
Secrets for Buying a New Car. (2007). Drive. Retrieved from: http://www.drive.com.au/Editorial/ArticleDetail.aspx?ArticleID=36755
You're your Old Clunker. (2010). MSN. Retrieved from: http://articles.moneycentral.msn.com/SavingandDebt/SaveonaCar/KeepYourOldClunkerOrBuyANewCar.aspx
Spenser, A. (2011). Consumer Demand for New Cars. Spinport. Retrieved from: http://spinport.com/consumer-demand-for-new-cars-rising/314043/
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