New car prices can be confusing and frustrating. You will often find a significant difference when it comes to new car deals between various outlets. This article will help guide you through the new car buying process, and explain the pros and cons of the various ways to buy a car. Buying clubs, brokers, dealer Internet departments and floor salespeople all have strengths and weaknesses. This guide will help you decide which method of gathering new car prices is right for you.
Find the best new car prices!
Finding the Perfect New Vehicle
Before you step foot on a dealers lot, or send your first request for new car prices, you need to know which car is perfect for you and your family. This is an important decision, don’t take it lightly. Compiling a list is a great way to ensure your new vehicle will have all of the comforts and safety features you require. List all of the features that you consider absolutely necessary. When you have researched and found a few new cars online that meet your needs, it is time to move on to budget planning and gathering new car prices.
New Car Prices and Your Budget
Again, it’s important to be realistic when setting your budget. It’s easy to get carried away when shopping for a new car. Set a monthly payment that easily fits within your budget. A car payment should never exceed 20% of your monthly take home pay. When working up your budget, it’s important to take all expense factors into account. Maintenance costs, insurance premiums and dealer fees need to be considered when researching new car prices. You need to know the total cost of ownership. Now that you decided on a vehicle and a budget, its time to research your buying options.
New Car Buying Options For The Best New Car Prices
There are a number of options when it comes to getting a new car quote. If you are confident in negotiation and don’t mind a little legwork, finding reasonable new car prices is pretty easy to do. However, if you don’t enjoy talking money or just don’t have the time to search out the best prices on a new car, there are quick and easy ways to get brand new car quotes. Here is a rundown of your options.
Buying Clubs
Buyers clubs like Sams and Costco offer new car buying services. These clubs work with dealers in your area to offer low, no haggle price to buy a car of their member’s choice. You simply go to the Sams Club website and fill in a new car quote request. This is sent to the local dealership that has a relationship with Sams. They will contact you, show you the vehicle and offer their low buying club new car prices.
- Advantages of a Buying Club – You don’t have to waste much time searching for new car prices. You are given no haggle new car prices. It’s basically one stop shopping, quick and easy.
- Disadvantages of a Buying Club – While these no haggle prices are low, they’re not always the best price you could possibly negotiate. Buyer clubs new car prices have a set profit margin built into them for the dealer. If you are willing to shop around, it’s possible to get a better deal.
Auto Brokers
Using an auto broker to find low new car prices is becoming a popular option. These professional car buyers will handle the entire process for you. They locate vehicles, negotiate new car prices, and can even arrange financing if necessary. Auto brokers usually charge a flat fee for their services.
- Advantages – The main advantage is convenience, but brokers can often negotiate lower new car prices for you. Hiring a professional to handle the negotiations is often a relief. In most cases they will get better new car prices than you would on your own.
- Disadvantages – The only real disadvantage is the total cost. While a broker will often get better new car prices, their fee usually offsets this advantage.
Do it Yourself
The majority of people are capable of finding reasonable new car prices on their own. With a little time and research you can usually get a great deal all by yourself. These days there are a couple of different ways to approach a dealership, via the Internet and in person. Here are a few things to consider about each method.
Internet Department
Almost all dealerships have dedicated Internet departments. They handle all email requests for new car prices. The majority of Internet salespeople are salaried and do not depend on commissions for their income.
- Advantages – The advantages are many. You don’t have to leave the comfort of your own home to get new car prices from numerous dealerships. Because they are not dependent on commissions Internet salespeople will usually give you the cheapest new car price right out of the gate.
- Disadvantages – There are very few disadvantages. If you enjoy negotiating new car prices and checking out a variety of cars on the lot then Internet shopping may not be the right method for you.
Floor Salespeople
It’s easy to walk into a dealership and immediately start talking to a floor salesperson about new car prices. The majority of people on the sales floor are paid on commission so they will try to maximize the profit over dealer invoice cost. As Internet sales have eaten into traditional sales, floor salespeople have softened their approach.
- Advantages – Floor salespeople are usually quite knowledgeable about all of the vehicles they sell including the features and options. In almost all cases the new car prices you receive will be higher when compared to using the Internet department.
- Disadvantages – Price is the number one disadvantage when dealing with a floor salesperson. You will almost always get higher new car prices. You may have to put up with some high-pressure sales as well.
Final Tips For The Best New Car Prices
Regardless of which method you use, be prepared. Research all the latest incentives and rebates. There are numerous websites that will give you factory car prices. Use these sites to calculate the dealer car cost of the vehicle you are interested in buying. Be specific; know what options and packages you would like installed on the car.
Hopefully these tips will give you the confidence and knowledge to start researching new car prices and eventually find the perfect vehicle for you and your family.

