Thursday, August 6, 2009

Car Shopping with a Budget

The Good, The Bad and The Ugly. The good news is that I have sold the Ford Focus and have purchased a new vehicle, A 2007 Nissan Altima. The bad is that it isn't the coveted Mustang I wanted but I am happy with my purchase. The ugly is what I went through shopping for cars. Thankfully I finally found a salesman I was very comfortable with, Jim K at 112 Nissan. He made the long grueling process easy. On the other end of the spectrum was the Sharks over at Atlantic Nissan. I would NEVER recommend them. They tried every trick in the book like I don't have a computer with Internet connection to know what the car I was looking at retailed at or knew their tricks.



The new Car





Here are a few things I did that helped me to get a fair price for my new vehicle.

1) I bought 2 years old and got a car that retails for mid to high 20's for mid teens
2) Secured financing before shopping
3) Researched the cars I was looking for at Edmunds.com, KBB.com And NADA.com
4) Didn't negotiate the trade in sold it for more money privately
5) Put no money down as my loan was for 5% and I feel I can get 8% return on that money in the market
6) The Internet is such a valuable tool to find your price point on your new car and selling your old car

I want to hear from you how you got a good deal for your vehicle

1 comments:

  1. You must do the research on looking for the car you want ,Before I bought my used 2002 minivan I like to read the reviews online .

    Also if you are buying used pay the money and get the carfax ,$20 COULD SAVE YOU HUNDREDS
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