Comments on: What’s the Best way to Buy a Car? http://chris.pirillo.com/whats-the-best-way-to-buy-a-car/ News and Reviews! Geek, Internet Entrepreneur, Hardware Addict, Software Junkie, Book Author, Once TV Show Host, Technology Enthusiast, Shameless Self-Promoter, Tech Conference Coordinator, Early Adopter, Idea Evangelist, Tech Support Blogger, Bootstrapper, Media Personality, Technology Consultant, Thicker Quicker Picker Upper. Mon, 23 Nov 2009 01:37:17 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: Briant27http://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639452 Briant27 Sun, 23 Mar 2008 14:39:37 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639452 yeah I'll follow advice from a 13 year old on how to buy a car...NOT! yeah I’ll follow advice from a 13 year old on how to buy a car…NOT!

]]> By: newyorkfishhttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639453 newyorkfish Sat, 22 Mar 2008 13:01:44 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639453 Any American made car actually !!Unlike Chris, I rely on Consumer Reports and bought my car last May and it has been incredibly reliable (foreign made). Any American made car actually !!

Unlike Chris, I rely on Consumer Reports and bought my car last May and it has been incredibly reliable (foreign made).

]]> By: M. Freehttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-604852 M. Free Wed, 19 Mar 2008 19:08:25 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-604852 Well, I've been purchasing cars for a loong time, and I can only throw in a few comments here. First, you have only 3 choices as to how to acquire a car, Cash purchase, finance or lease. If you want to change cars every 3 years or so, lease is the best way to go. If you are going to keep your car til the wheels fall off, then purchase. If you have the money, pay cash. It's pretty simple. Leaseing means smaller payments and no equity, but a car is a terrible "investment" so perhaps there's a better place to put your money such as stocks or a house etc. As to how much you got in trade for your old car, there are ways to make you believe that you got more than it was really worth, so don't pat yourself on the back if you apparently got several hundred or thousand dollars more than the actual wholesale value. Dealers NEVER give you any more than the wholesale value for your car, PERIOD. Finally, do you know any company that let's you know the ACTUAL cost of a product that they sell? Not really, so why believe that you paid X dollars over or under the dealer's ACTUAL cost. It ain't going to happen unless you own the dealership. While there are any number of sources for "dealer cost" out on the internet and elsewhere, don't believe them. And if the dealer shows you an invoice, that's still not ACTUAL cost. There are holdbacks and advertising credits etc. The best way is to shop around, and don't be afraid to throw a phoney yet reasonable number at a dealer that you can get elsewhere. Dealers know what's going on, and it's just a matter of negotiating until you feel that you got the BEST price. Well, I’ve been purchasing cars for a loong time, and I can only throw in a few comments here. First, you have only 3 choices as to how to acquire a car, Cash purchase, finance or lease. If you want to change cars every 3 years or so, lease is the best way to go. If you are going to keep your car til the wheels fall off, then purchase. If you have the money, pay cash. It’s pretty simple. Leaseing means smaller payments and no equity, but a car is a terrible “investment” so perhaps there’s a better place to put your money such as stocks or a house etc. As to how much you got in trade for your old car, there are ways to make you believe that you got more than it was really worth, so don’t pat yourself on the back if you apparently got several hundred or thousand dollars more than the actual wholesale value. Dealers NEVER give you any more than the wholesale value for your car, PERIOD. Finally, do you know any company that let’s you know the ACTUAL cost of a product that they sell? Not really, so why believe that you paid X dollars over or under the dealer’s ACTUAL cost. It ain’t going to happen unless you own the dealership. While there are any number of sources for “dealer cost” out on the internet and elsewhere, don’t believe them. And if the dealer shows you an invoice, that’s still not ACTUAL cost. There are holdbacks and advertising credits etc. The best way is to shop around, and don’t be afraid to throw a phoney yet reasonable number at a dealer that you can get elsewhere. Dealers know what’s going on, and it’s just a matter of negotiating until you feel that you got the BEST price.

]]> By: leonacraftshttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-604700 leonacrafts Wed, 19 Mar 2008 07:40:16 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-604700 My old Economics teacher taught us a trick, since most if not all dealers are paid on commission, you drag out the sale over a number of days, making it look like you're really interested, but not too sure you want it, first day, go in looking for a car you like, make sure it's the one you want, ask to get the test drive and what not, then state that you need more advice from someone that's more trustworthy, so you say you're going to bring in someone that can look it over, (let this person be a family member, or a HIGHLY trust worthy friend that knows what their doing.) show up the next day with this family member and have them take a look, still needing to drag out the deal, you state you want to make sure you are certain everything is in order, so you ask a mechanic, Third day, come in with trust mechanic to look at vehicle, if the mechanic actually states all is good with the vehicle (make sure this is your guy and NOT THEIRS!), you prolong the deal for one more day stating that you are unsure if you'll have enough to cover the payment with your next pay check (over the days the dealer should be dropping the price, by the fourth or fifth day, it should be ridiculously dropped, cause they REALLY want to sell the car and get paid already. If they don't drop the price at all by the second or third day go somewhere else and try again, normally their not going to budge if they don't give in soon enough. and if you can, make sure it's in places where business is pretty bad, but have good cars. (even if the car is expensive, that doesn't mean it's not worth the haggling, this is why you test drive, get a family member or friend to look at it and have a mechanic look at it.) Enjoy your new car, at someone else's expense. LOL My old Economics teacher taught us a trick, since most if not all dealers are paid on commission, you drag out the sale over a number of days, making it look like you’re really interested, but not too sure you want it, first day, go in looking for a car you like, make sure it’s the one you want, ask to get the test drive and what not, then state that you need more advice from someone that’s more trustworthy, so you say you’re going to bring in someone that can look it over, (let this person be a family member, or a HIGHLY trust worthy friend that knows what their doing.) show up the next day with this family member and have them take a look, still needing to drag out the deal, you state you want to make sure you are certain everything is in order, so you ask a mechanic, Third day, come in with trust mechanic to look at vehicle, if the mechanic actually states all is good with the vehicle (make sure this is your guy and NOT THEIRS!), you prolong the deal for one more day stating that you are unsure if you’ll have enough to cover the payment with your next pay check (over the days the dealer should be dropping the price, by the fourth or fifth day, it should be ridiculously dropped, cause they REALLY want to sell the car and get paid already. If they don’t drop the price at all by the second or third day go somewhere else and try again, normally their not going to budge if they don’t give in soon enough. and if you can, make sure it’s in places where business is pretty bad, but have good cars. (even if the car is expensive, that doesn’t mean it’s not worth the haggling, this is why you test drive, get a family member or friend to look at it and have a mechanic look at it.) Enjoy your new car, at someone else’s expense. LOL

]]> By: davidhttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-604627 david Wed, 19 Mar 2008 02:10:38 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-604627 Two years ago I decided to try buying a car totally online. I researched the cars I was interested in and went out to test drive them. Having narrowed the choice to two different cars, I researched online to determine the actual prices the dealer paid for the car and extra features.With this information in hand, I went online using the manufacture websites looking for dealers that had the exact car I wanted - being a little flexible on exterior color made it easy. I contacted 6 dealerships online and received 5 quotes within the hour that were within $500 of each other but also pretty good deals. I played one against the other getting a better offer each time until finally, with one day left in the month, I went to look at the cars of the two best offers.I'd intended selling my old car myself but the two sales people began an online bidding war for my trade-in! Bottom line - according to my research I got $2000 more for my trade-in than I'd have asked for if I sold it myself and I paid just $300 over actual manufacturer cost. And there was none of the pressure or games.Being online and running it online, the sales people knew I had the facts in front of me and they didn't try any nonsense at all. And buying at the end of the month probably added to their sense of urgency. Two years ago I decided to try buying a car totally online. I researched the cars I was interested in and went out to test drive them. Having narrowed the choice to two different cars, I researched online to determine the actual prices the dealer paid for the car and extra features.

With this information in hand, I went online using the manufacture websites looking for dealers that had the exact car I wanted – being a little flexible on exterior color made it easy. I contacted 6 dealerships online and received 5 quotes within the hour that were within $500 of each other but also pretty good deals. I played one against the other getting a better offer each time until finally, with one day left in the month, I went to look at the cars of the two best offers.

I’d intended selling my old car myself but the two sales people began an online bidding war for my trade-in! Bottom line – according to my research I got $2000 more for my trade-in than I’d have asked for if I sold it myself and I paid just $300 over actual manufacturer cost. And there was none of the pressure or games.

Being online and running it online, the sales people knew I had the facts in front of me and they didn’t try any nonsense at all. And buying at the end of the month probably added to their sense of urgency.

]]> By: josh198869http://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639454 josh198869 Wed, 19 Mar 2008 02:10:00 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639454 thats true but i drive a Acura TL no porbs there (-: thats true but i drive a Acura TL no porbs there (-:

]]> By: Shadao38http://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639455 Shadao38 Wed, 19 Mar 2008 02:07:06 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639455 must have been a FORD LOL must have been a FORD LOL

]]> By: Urban Underbrinkhttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-604525 Urban Underbrink Tue, 18 Mar 2008 20:48:32 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-604525 I agree with all these tips and wish to add that you should not lease or make payments for your vehicle. Best to buy one that is a year old with very few miles. I agree with all these tips and wish to add that you should not lease or make payments for your vehicle. Best to buy one that is a year old with very few miles.

]]> By: josh198869http://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639456 josh198869 Tue, 18 Mar 2008 07:06:34 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639456 must have been a kia LOL must have been a kia LOL

]]> By: Foxontherun2http://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639457 Foxontherun2 Mon, 17 Mar 2008 08:01:42 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639457 100$ cars are soo much better then new cars. there just worth it more 100$ cars are soo much better then new cars. there just worth it more

]]> By: Jangaboohttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639458 Jangaboo Mon, 17 Mar 2008 04:01:13 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639458 I want an electrical car or one where i could power it off my garbage like in back to the future I want an electrical car or one where i could power it off my garbage like in back to the future

]]> By: musicalmike235http://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639459 musicalmike235 Mon, 17 Mar 2008 01:41:06 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639459 I love dogs. I want to get one. I love dogs. I want to get one.

]]> By: segerduderhttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639460 segerduder Mon, 17 Mar 2008 00:57:35 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639460 This is exactly how it is too! This is exactly how it is too!

]]> By: iCraigtvhttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639461 iCraigtv Sun, 16 Mar 2008 23:02:26 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639461 another excellent top list. but the dog just cracks me up. added humour to the videos! another excellent top list. but the dog just cracks me up. added humour to the videos!

]]> By: cainoroxhttp://chris.pirillo.com/whats-the-best-way-to-buy-a-car/comment-page-1/#comment-639462 cainorox Sun, 16 Mar 2008 22:48:53 +0000 http://chris.pirillo.com/2008/03/17/whats-the-best-way-to-buy-a-car/#comment-639462 i love buying cars! i do up cars and sell them chris :D i love buying cars! i do up cars and sell them chris :D

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