Shopping for a new car in car dealerships often plays out like a game of wits. The typically imagined scenario is that of a car dealer offering great deals on a car through slashed interest rates or large discounts. When you go for the bait, the car dealer reels in silently with some fine print that makes the deal offered in plain sight hardly one at all. Often, the new car buyer doesn’t realise this until they go back over the fine print to find out the true expense of your new car purchase.
Did you know that with 1% finance deals, you will pay FULL PRICE on your new car. That’s right. Where you are saving on interest, they will make up for their losses by refusing to give you a discount. So you end up paying more for your car than you really should. After all, we all know that car prices are negotiable!
Such scenarios do occur in car dealerships all over Australia. The best protection against these kinds of bad deals is consulting with a loan specialist, that offers finance from a variety of lenders. There’s a widely held and justifiable belief that car dealers are full of tricks. Might as well beat them at their game by learning how to counter their tricks and keeping yourself armed with the proper information.
It can often be too late, by the time you walk into the dealership, the friendly sales clerk offering you a test drive, already has a plan to make you sign on the dotted line. Often they will have the finance manager take down your details, and a copy of your licence. Whilst you are on your test drive, the finance manager is arranging a quote for you, and by the time you get back to the car yard, you are so in love with the car, that you are sure you have gotten a great deal.
However, as mentioned above, there are very often hidden fees and clauses. If you are getting a great deal on the car, your finance will not be so competitive. If the finance sounds too good to be true, than you are paying too much for the car.
The smiling sales person will offer you accessories, add-ons, servicing and insurance discounts. It sounds too good to be true. It is. Many of these features come standard, especially when buying from a branded car dealership. Don’t get confused between the deal you are getting on the car and the accessories, and the deal you are being offered for finance.
By seeking a separate opinion, before its too late, and before you feel a sense of loyalty and obligation to the car sales person whom has spent so much time with you, you can ensure that you face your decision with a clear mind and stay armed with accurate information about these two distinctive contracts – the car purchase – and the car finance.
By arranging a pre-approval with your Bee Finance Savvy loan specialist, you can remain confident in your ability to negotiate on your desired vehicle.
Contact us for an obligation free consultation on 1300 140 554. Or email us at firstname.lastname@example.org We can even provide you with negotiation techniques, to assist you knock down the price for your chosen vehicle. If you like, we can even source your car for you, using our access to fleet discount service providers.
So don’t delay, organise your pre-approval from one of our various lenders, and let us help you to save on the overall costs of your new car and finance.
You can also see reviews from some of our happy customers at http://www.womo.com.au/reviews/Bee-Finance-Savvy-Miranda/ and hear what others have to say about their experience with us.
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