Ways to Save Money on Your Next Family Car Purchase

Buying a family car is not always an easy decision, especially when you’re strapped for cash. You need to find a vehicle that will be versatile, durable, and able to handle the occasional trip. In some cases, you may also want to consider things like extra space for carpooling. You also want a vehicle that won’t cost too much to service, and that looks good. Thankfully, there are many ways that you can find great vehicles on the cheap, but you have to be able to know what to look for and where. In this article, we’re going to give you a few tips on how to get a great deal on your next family car purchase.

Do Your Research

Before you step foot into a dealership, it’s important that you do your research. At the very least, you should know the market value of the vehicle you had in mind. We’re not talking about the official value here; we’re talking about how much the vehicle is commonly listed for in your area. Official values are just a point of reference, but rarely do vehicles actually sell at that price.

By coming equipped, the dealer will know not to make predatory offers. Not only that, but you’ll be able to point out issues with various vehicles, and use those points to haggle prices down.

Start Looking at Insurance Now

Another thing you should do is make a list of possible vehicles and start looking for car insurance now. Insurance can sometimes be a deal breaker and limit your choice, so make sure that you know beforehand.

We strongly suggest you check out a site like Quotezone if you want a quick car insurance quote. Their website will allow you to compare car insurance between different insurance providers. Not only that, but you’ll also be able to apply directly through the phone or online once you’re ready to sign up for coverage.

Time Your Purchase Wisely

Few people know this, but there are periods where you’re more likely to get a better deal on a vehicle. For instance, dealers have quarterly quotas to meet, and you have more chances of getting a better deal if you shop during the last months of a quarter. 

Another way to save money on vehicles is by coming in when an old model is being replaced by a new one. There are sometimes very few differences between newer and older models, but dealerships are incentive to move older models quicker.

You should also consider buying your vehicle during a quiet period. For instance, car dealerships have more difficulty selling vehicles in the winter, so that would be a perfect time to buy. If none of these options work for you, then you should at least consider waiting until the end of the month. Most dealers will have to meet monthly targets and will be more inclined to make you a favorable offer around that time.

All of these tips should allow you to save money on your next family car purchase. Make sure that you’re well informed first and foremost, and use all the tricks at your disposal to get the best deal possible.

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