How to Get the Best Prices on New Cars

It's common to hunt for great deals on a new car. However if you don't know the price of the car before you go in, you won't know how much you are saving. Not only do you need to know the price, but you'll also need to know where and when to buy. Just doing a bit of research beforehand can end up saving you several hundred dollars.

Instructions

1

Find out the manufacturer's suggested retail price (MSRP) for the car. This can usually be found on the car manufacturer's website. Use this MSRP to get the best price with your dealer. Make sure that he will not overprice the car basing on the MSRP. You might be able to get the car for $200 to $400 less than the MSRP.

2

Compare the dealer's price for the car with other dealers. A few websites show these comparisons include CarsDirect, Edmunds, and OneSwoop. As of 2011 these are all free to use. Just enter the details of the car you want along with your ZIP code, and the sites will show you information from dealers in your area.

3

Ask each dealer what the lowest possible price that they can give you is and compare their offers.

4

Buy a new car at the end of the month, or to save even more, the end of the year. The end of the month is when dealers submit their sales records and they tend to be more eager to sell the cars that they have in stock. Thus, you can usually negotiate a a lower price. The end of the year is the best time to buy. Most dealers are trying to get rid of their remaining new cars, because a new model is coming in.