The process of buying a car is no easy one, and if you have a good idea of what new model you want, you will more than likely find yourself at the new car dealer. It can be hard to know the ins and outs of car lot etiquette, especially when it’s your first time purchasing a vehicle. Besides all of the financial elements that go into buying a car, you will also do test drives and consider competitors.
In order for you to get the most for your money on the car lot, this video shares several things you should never share during the buying process.
Obviously, you want to get the lowest price for your new car. In order to do this, you will most likely have to negotiate with the car salesman. First of all, don’t let your car salesman know whether you plan on paying cash or financing. This is so they don’t try and stick you in a car with a high monthly payment instead of a high cash value. Additionally, you shouldn’t share how your credit score is. The car salesman can pre-judge you and pre-qualify you based on this metric alone.