How to Find the Lowest Car Price

How to Find the Lowest Car Price

For most car buyers, when making a list of automobile to buy, they fail to consider both the cost of buying a car and the additional costs of ownership. Considering the fact that costs such as tax, insurance, license, and other assorted fee add up to over 10 percent of the initial purchasing price, knowing how to find the lowest car price with reasonable base price becomes very important.

When looking for an affordable car, you need to ask for price quotes of the cheapest new cars and narrow your list down by considering other important aspects such as car performance, fuel economy, and extended warranty. Besides, driving a car with excellent fuel efficiency is good for your pocket but also you need a subcompact car equipped with comfortable seats and tech features such as keyless entry, USB port, among other cool features that come with some cars such as Kia Rio, Toyota Yaris, Hyundai Accent, Mitsubishi Mirage, Nissan Versa, Chevy Sonic, Ford Fiesta, and many more.

If you don’t want to worry about taxes, titles, licenses, and other costs, you need to consider negotiating well for out the door prices.

In this regard, we will give you exclusive insights on how to find the lowest car price as well as how to drive off the lot with the best out the door prices.

  • Educate yourself on Cars

Most of the car salespersons are known to be crafty and deceiving. What matters to them is making sure they make a sale and not getting you the cheapest new cars with a reasonable base price. That is why before initiating the process of buying a subcompact car, you should learn more about different types of automobiles that come with a great deal.

It reduces the chances of being misled by a salesperson and it will help you save a lot on your credit cards. Having car knowledge, you can be able to acquire an affordable car with great fuel economy, extended warranty, reasonable base price and meets your need at a great deal. More importantly, you will choose a car with cool features, which include but not limited to the USB port, keyless entry, and many more.

Always let the salesperson understand that you know more about cars. For instance, you may throw random comments like, “you know Toyota Yaris is better in fuel economy than Ford Fiesta.” With the knowledge of different automobiles, you will make more informed decisions that will help you to go for the cheapest new cars with a low base price.

  • Compare different Price Quotes

Whether going for Kia Rio, Toyota Yaris, Hyundai Accent, Mitsubishi Mirage, Nissan Versa, Chevy Sonic or Ford Fiesta, you should always ask for price quotes from different dealerships. This helps you to get a rough idea of how much your subcompact car will cost and roughly how much you can save.

With a variety of price quotes, you secure leverage over your sellers, giving you a negotiation edge that will help you get a great deal on the out the door prices and an extended warranty as a plus. More importantly, you get a wide range of variety to choose from. Always remember an affordable car should have fuel efficiency.

  • Determine the Make or Model You Want

With the many affordable car models out there, settling on one can be daunting. But it is of the paramount essence to know the model you want. Consider your budget, car needs, fuel economy, and determine the make that falls within that category. To get the most credible information, use reputable websites or sources like Kelley Blue Book. In the site, you can compare different price quotes and look for a great deal that offers best out the door prices for any type of car in the US and Canada that come with extended warranty. Whether it is information on Kia Rio, Toyota Yaris, Hyundai Accent, Mitsubishi Mirage, Nissan Versa, Chevy Sonic or Ford Fiesta rest assured you are covered. More importantly, you get to learn about all the car features such as engine capacity, fuel efficiency, keyless entry, USB port integration, and many more. This will help you as a buyer to purchase the cheapest new cars with a favorable base price.

  • Forget Negotiating

Engaging in a negotiating battle with a car salesman is not always a good idea. At the end of the day, the dealership wins. With the era of internet and technological advancement, why don’t you research the actual price? Use sites like Kelley Blue Book to know how much the people around your area paid for a similar subcompact car. Once you get the actual price, make a counter that reduces it by between $500 and $1000. This is within an acceptable range.

  • Make a Complete Payment Once

There are some options where dealerships allow a customer to finance a car through monthly payments. Financing a car is a dealership cash cow. Always remember that a finance manager is often a commissioned salesperson. Apart from the large first initial payments you make, finance managers may manipulate your loan terms and interest rates to squeeze a higher commission out of the deal.

It is almost impossible to get a great deal on your subcompact car with a financing option. But then how do you find the lowest car price? For starters, make the whole payment once using cash or credit cards. In this situation, you can negotiate for a great deal and acquire the cheapest new cars.

  • Avoid Extras

Probably, you have already paid for the car and think you have completed the process, only to be hit with other propositions like adding money for extended warranty. Do not purchase anything else apart from the car. No matter how great the deal may seem, try to stick with the lowest out the door prices. An extended warranty should be part of a great deal from a dealership.

Remember, a savvy salesperson will always try to squeeze a commission from every turn and stage. It may seem since you have paid thousands of dollars for the subcompact car, parting with a few extra dollars is not a big deal. Actually, it is. You need to mount a guard that helps you to avoid making a bad decision and making an impulse purchase.

One of the greatest tricks Kelley Blue Book implores you to use, is confirming out the door prices or base price before you close the deal. Make sure you bring the actual amount in the due day to avoid temptations. By doing this, rest assured you get an affordable car at a great deal and will help you save a lot on your credit cards.

  • Change the Dynamics

Of course, you have found the subcompact car you have been looking for in a dealership, so what? Even other dealerships have the same models. Ask for their price quotes and then counter with yours. If they stick with their original price, pretend to walk out and it will be up to the dealership to entice you. Always remember when countering offers, introduce a reasonable amount that does not deviate too far from the actual out the door prices. This has been one of the oldest tricks in negotiation and for sure it will help you get a great deal.

  • Be Strategic

Always avoid peak days to go shopping for an affordable car. Always remember salespersons have a target for the number of cars that they should sell at the end of the week or month. That’s why you should visit the dealership at the end of the week or month to get the cheapest new cars with amazing tech features such as a USB port and keyless entry. During this time, the dealership is usually committed to moving cars out of the door. This situation gives a better negotiation edge and the possibility of a great deal. It is a bad idea to go to the dealership during peak days. Whether buying a Kia Rio, Toyota Yaris, Hyundai Accent, Mitsubishi Mirage, Nissan Versa, Chevy Sonic or Ford Fiesta, always be strategic in visiting the dealership.

Final Thought

Probably, you wanted to know how to find the lowest car price with great fuel efficiency? Here is a complete guide to help you in purchasing an affordable car. Make sure you follow the above guidelines and rest assured you will have a great deal on the out the door prices. More importantly, whether paying using cash or credit cards or whether going for any type of models such as Kia Rio, Toyota Yaris, Hyundai Accent, Mitsubishi Mirage, Nissan Versa, Chevy Sonic or ford fiesta, the process of buying an affordable car will become very easy.

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