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3 Tips to Get the Best Car Deal

Some of the Most Important Tips to Get the Best Car Deals!

 

Now that we’ve gone over some of the things to think about when buying a new car, it’s time to consider some tips to find car deals in Cambridge. Again, it’s important to keep a few things in mind in order to find a deal that plays to your advantage. These tips will particularly arm you with the right tools for when price negotiations take place. Any bargaining power is favoured when it comes to finding lucrative car deals in Cambridge. In fact, the entire process will be far more effective if you apply the following to your research process:

Determine the “invoice” price of the model

An invoice price is essentially what the dealer paid the car manufacturer for the car rather than the list price, also known as the manufacturer’s suggested retail price (MSRP). When buying a new car, this is immensely helpful to know, in order to secure local car deals in Cambridge. This will help you to set your margins to negotiate within, easily!

Being armed with this knowledge also helps you zero-in on the competitive price before discussing other options like financing and trade-in values. Here, you’ll get a sense of whether the dealership is truly willing to work with you to get you the best price possible on the base price.

Determine the resale price

If you’re looking for car deals in Cambridge particularly for used cars, you’ll want to have an idea of the resale price. The resale price is how much the used car is worth and this is dependent on several factors like market demand and geography, how many kilometers are on the vehicle, its appearance, its mechanical history, it’s condition and more.

As part of your research process, you can determine the ballpark area of your desired car and model and estimate the lowest price for that particular car and model based on these factors. This is very helpful data to both set your price margins and have an idea of what your current car is worth for its trade-in value.

Play Price match

Price matching is an effective way to secure a solid car deal locally in Cambridge and reap the benefits of savings. Saving a couple percentages on an interest rate or a few thousand off a car can be a highly fulfilling as you can either lower upfront costs or lower your car payments in the long run. Once you find an agreeable car deal in Cambridge, make sure to get a detailed breakdown of pricing before you finally commit!

 

Xtreme Motors prides itself on offering some of the lowest car deals in Cambridge, especially when it comes to list prices and interest rates. We even offer an online inventory tool called CarFinder, that you can use during your research process! Get in touch with us today to find a lucrative car deal in Cambridge today!

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