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Buying A New Car Without A Hassle Just Got Easy!
Our
member dealers have selected specific managers and sales
teams to work exclusively with TellerAutos.com
users. You'll get a guaranteed price
quote
by email or right over the phone. You can check on exact
vehicle pricing, vehicle availability, financing
options, rebates & incentives, even delivery nationwide,
and much more.
Buying a
new car has never been easier for TellerAutos.com users.
Take a moment to read and follow some of our suggested
ideas. They could save you hundreds of dollars.
When you're ready, submit a no obligation price quote
request while online.
A new
car is second only to a home as the most expensive
purchase many consumers make. According to the National
Automobile Dealers Association, the average price of a
new car sold in the United States as of 2004 was
$28,050. That's why it's important to know how to make a
smart deal.
How To Buy Your Next Car And SAVE!
You can
save hundreds when you buy your next new or used car.
First, take a moment to think about what car model and
options you want and how much you're willing to spend.
Do some research. You'll be less likely to feel
pressured into making a hasty or expensive decision at
the showroom and more likely to get a better deal.
Consider
these suggestions:
- Check publications
at a library or bookstore, or on the Internet, that
discuss new car features and prices. These may
provide information on the dealer's costs for
specific models and options.
- Shop around to get
the best possible price by comparing models and
prices in ads and at dealer showrooms. You also may
want to contact car-buying services and
broker-buying services to make comparisons.
- Plan to negotiate on
price. Dealers may be willing to bargain on their
profit margin, often between 10 and 20 percent.
Usually, this is the difference between the
manufacturer's suggested retail price (MSRP) and the
invoice price.
Because the price is a factor in the dealer's
calculations regardless of whether you pay cash or
finance your car and also affects your monthly
payments negotiating the price can save you money.
- Consider ordering
your new car if you don't see what you want on the
dealer's lot. This may involve a delay, but cars on
the lot may have options you don't want and that
can raise the price. However, dealers often want to
sell their current inventory quickly, so you may be
able to negotiate a good deal if an in-stock car
meets your needs.
Learning the Terms
Negotiations often have a
vocabulary of their own. Here are some terms you may
hear when you're talking price.
-
Invoice Price is the
manufacturer's initial charge to the dealer. This
usually is higher than the dealer's final cost
because dealers receive rebates, allowances,
discounts, and incentive awards. Generally, the
invoice price should include freight (also known as
destination and delivery). If you're buying a car
based on the invoice price (for example, "at
invoice," "$100 below invoice," "two percent above
invoice"), and if freight is already included, make
sure freight isn't added again to the sales
contract.
- Base
Price is the cost of
the car without options, but includes standard
equipment and factory warranty. This price is
printed on the Monroney sticker.
-
Monroney Sticker Price (MSRP)
shows the base price, the
manufacturer's installed options with the
manufacturer's suggested retail price, the
manufacturer's transportation charge, and the fuel
economy (mileage). Affixed to the car window, this
label is required by federal law, and may be removed
only by the purchaser.
- Dealer
Sticker Price,
usually on a supplemental sticker, is the Monroney
sticker price plus the suggested retail price of
dealer-installed options, such as additional dealer
markup (ADM) or additional dealer profit (ADP),
dealer preparation, and undercoating.
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