Car buying. Getty Images
What’s the secret to no-hassle car buying? Do your research before ever stepping foot in a dealership so you can drive away with a great deal. Ladies and gentlemen, start your engines (and begin your vehicle search)!
1. Research cars before you test drive.
Check out local car shows and automotive events in your area these shows give you a chance to browse with no pressure to buy. The National Automotive Dealers Association can help you determine fair prices in your area. You’ll be in a stronger position to negotiate if you know the car’s value and how the same or similar vehicle is priced at multiple dealerships.
The Keokuk County Courthouse in Sigourney, IA.
The Keokuk County Emergency Management Coordinator appeared to short the agency a few thousand dollars when buying a new county vehicle, according to an investigation by State Auditor Rob Sand.
According to the report, in August of 2018, EMA Coordinator Larry Smith was authorized to purchase a 2018 Chevrolet Silverado and trade in the agency’s 2006 Ford F-350. The net purchase price of the new vehicle totaled $35,810, after the Ford was traded in for $800. Smith then bought the Ford back from the dealer on the same day at the same price.
But according to Sand’s analysis, that $800 valuation significantly underestimated the Kelley Blue Book value of the vehicle, which totaled approximately $6,600 to $12,500, and the National Automotive Dealers Association value of between $9,100 and $14,400.