Using the classic method of asking for a low cost just to be negotiated up to a reasonable one is a good method, but there are many other routes you should take in order to get the best deal on a car. Here are some suggestions as to how to haggle down the price to one you think is fair for the vehicle you’re driving off the lot.

Haggle Down the Repair Costs

Don’t pay for the first car you want without giving it an inspection. After you’ve done your own, Consumer Reports recommends taking it to an independent mechanic. Once the mechanic has looked it over thoroughly, the site suggests finding out if there are any necessary repairs and then find out the costs. Let the dealer know about these costs and haggle down the price to reflect the necessary repair fees. You don’t want to pay for a car and then have additional repair payments adding up for months after you’ve already made the deal.

Look Up the Car’s Value

Use the Kelley Blue Book to look up various cars and their value in your area. This ensures that you know what you’re talking about and how to bargain before you even step foot inside the dealership. There’s nothing more embarrassing than trying to pressure a dealer into an unrealistic price range.

Research the Car’s History

Use CARFAX or a similar service to check the vehicle history of the cars on their lot. Avoid being ripped off by simply taking a car’s VIN number, plugging it into their database, and getting access to billions of records instantly. They have more than 30,000 sources of data at your disposal, and with that kind of information, you can always get the best deal without spending hours of your time doing research.

Conclusion

Using these methods will help you get a price for a car that accurately reflects its worth. Do your research before walking onto the dealership lot, and make sure to take the time to get the car thoroughly inspected. Don’t just stop haggling with the dealer. Make sure you find the best auto insurance policy by reviewing and comparing each provider. This will allow you to be prepared to haggle to an appropriate price.