Buying a new car can be a headache, but the process is simpler by doing a little bit of research and planning. If you're looking to grab a new Mini Cooper but don't want to pay full retail price, there are a some ways for negotiating the price you want to pay. Most new cars do not sell for full manufacturer's suggested retail price (MSRP). Depending on your credit, down payment and dealership, you might end up paying far less.
Instructions
- 1
Save as much money as possible for down payment. Dealerships are more willing to negotiate with buyers who have a large amount of cash on hand. The more you have saved, the lower you can negotiate the vehicle's price.
2Pay attention to the Mini dealerships for sales, discounts and other offers. For example, most dealerships will have "year-end closure" sales. This is when dealerships are most motivated to sell cars below MSRP to make room for next year's models.
3Check with multiple dealerships and get quotes in writing. If one dealership makes a decent offer in writing, use it as leverage to get a lower bid at another location.
4Ask around to find out what people buying similar Mini Coopers have paid for their vehicles. Knowing what people usually end up paying is a good way to establish a reasonable, and possibly a bargain, price.
5Set the highest price you are willing to pay. You might have to compromise, but if your price is reasonable, you probably can buy a new Mini at a discount.
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