Honda Car Forum

dealership?

FIRST, do not EVER EVER answer them when they ask "well how much are you looking to spend" (how much of a payment a month are you thinking of), blah blah blah.It's always best to obtain your own financing when you purchase a car--INDEPENDENT of the dealership.try your local credit union.And a dealer will have you hooked on that shiny new car and you'll do anything pay anything to get it once you've been sitting there for FOUR HOURS while they "go over things with the Finance Manager"....been there, done that, ripped a few people off and now I'm sorry

NONE, get 'em in the price. But be ready with loan information before you get there. Be prepared to walk out. Car dealers are pretty bogus. Before you go, check them out at the Better Business Bureau http://www.bbb.orgI found out later that the last dealer that I worked with had 2 outstanding complaints. In this economy, a car dealer is dying to get your business. So show them that you mean business. A dealer across the street did not even bother to respond to the complaint. Just up the road, another dealer has complaints showing. The dealer up the other way, also has outstanding complaints. Another dealer about a mile away hit the JACKPOT with 4 complaints. So bring a printout of their complaints at the BBB website and scare them into more discounts. The lower the price, the smaller the loan.

The best thing to do is have your financing pre-arranged at your bank or credit union. You then are not locked into dealership financing. If they can beat the rate that you have pre approved at your bank, for the same loan length and terms, then use them.If you come into a dealership with BBB complaints, the dealer will dot the I's and cross the T's, and make sure that they make enough money on you to make it worthwhile to deal with you, and your unrealistic expectations!!

A lot of it depends on your credit rating.

That all depends on your credit score (which you should run before you go looking at cars). you will almost always get a better rate on certified used car then on a regular one. Do you belong to a credit union? Usually they have the best rates...

what about when it is 0 percent and they just want to jack the price up!!!! what do you do then! i know this is not my question, but I am dealing with some real dickweeds the last week that just keep dicking us around and we just want the bottom line price! i understand they have to make a living, but DO WE HAVE STUPID WRITTEN ON OUR FOREHEADS???! hey my best advice is to CALL AROUND!! to lots of places! We are doing it to California and Nevada cause we live in Reno. Good luck... we are dealing with them too.

The second the cedit union motion. They will give you the best rate probably between 4.5 an 6.5% when a dealership will probably only get you 8 or so at best. If you have to do it through the dealership a good time is when everything is almost said and done and you are in front of the finance manager. He is the one who job it is to sell you the extended warranties and such. Just tell him you can't afford it your at your limit of spending. If he doesn't sell the warranties it can hurt his monthly sales numbers. He'll keep pushing the warranty, but eventually he will shave the intrest so he can add them in (last resort) so he can keep his percentages up.