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Save money by thinking carefully about new car offers

When car shopping, it's always a good idea to have a sit down to think about what your absolute maximum budget is going to be, while also figuring out exactly which payment method you're going to use in order to pay for your car. Once you've got that done, you can ensure that your new car offers fit in with your overall plans.

Money saving tips

Once that's done and you know how you want to pay, as well as how much is within your budget, then it's a good time to start taking a look at some of the deals in your local car dealerships. Whether you go to an official dealership or simply check out some of the independents in your area is completely up to you, but it's worth checking out the reputation of any dealership when it comes to honouring warranties, problems and servicing routines.

When you have found a couple of cars that you like the look of, it's time to start the mental arithmetic to see if they fits your budget. However, even if they do, your work doesn't stop there.

There's an art form to initial new car offers. You don't want to offer a figure so low as to suggest that you don't know what you're talking about, while you also need to make sure that you're not going to cost yourself more than the absolute least the dealership is willing to let the car go for.

Finding out the wholesale price of the cars you're interested in is certainly a good place to start. By doing this you'll know the rough ballpark figure that the dealership paid for the car in question, which will in turn give you a great starting point when it comes to opening negotiations.

Other things to keep in mind

While negotiating, it's not just your initial new car offers that will dictate how successful you're going to be. The more you know about the car in question, as well as the manufacturer and cars in general, the better equipped you'll be to pick out any verbal gymnastics from the salesman. Even though he genuinely does want you to leave the dealership with a car, it's in his best interests to get the highest price possible, since he's likely going to be earning commission on the sale.

With this in mind, when you think you've reached the lower regions of the price threshold, it's worth seeing what extras you can get thrown in that won't affect his commission cheque. These can include additional years or miles on your warranty; and they're always worth asking for!

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