Reviewed by Shannon Martin, Licensed Insurance Agent.
“If you want to save money on your next car, you have numerous tricks and tips you can apply. The first one is to shop around for your loan. While dealers sometimes offer financing specials, doing some research beforehand should get you the best rate and save you the most money.
Furthermore, you can save some cash by negotiating a price with the dealer. Typically, if you can negotiate a price seven percent to 10% below the manufacturer’s suggested retail price (MSRP), you’re doing quite well. Always negotiate the price to see what the dealer is willing to do. And don’t be afraid to walk away.
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