The Baller on a Budget

(#2) How I Negotiated My New Car Under MSRP

December 28, 2020 Aileen Luib Season 1 Episode 2
(#2) How I Negotiated My New Car Under MSRP
The Baller on a Budget
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The Baller on a Budget
(#2) How I Negotiated My New Car Under MSRP
Dec 28, 2020 Season 1 Episode 2
Aileen Luib

It can be extremely inconvenient when your car reaches the end of its life, but having to buy a new one is even more stressful. This month, my car finally went out, and I had to get a new one. But I was able to negotiate with a few dealerships and walk away with the exact car I wanted at a price I was happy with!

Many people feel intimidated by the salespeople at car dealerships, so in this episode, I'm sharing my 10 best tips on negotiating the best deal for a new car. As a former car salesperson, Realtor, and simply having a background in sales and retail, I hope this episode helps you feel more confident when it's your time to negotiate for a new car.

In This Episode:

My buyer's remorse (1:32)

Why I bought a Kia K5 (3:53) 

Why I bought a new car quicker than I expected (5:12)

10 Tips For Negotiating the Best Deal on a New Car: 

Tip #1: Plan Ahead (7:17)

Tip #2: Save as Much as Possible, and Then Save Some More (9:15)

Tip #3: Do Your Research (10:47)

Tip #4: Consider Buying During Certain Times of the Year (13:15)

Tip #5: Test Drive Like a Race Car Driver (15:02)

Tip #6: Negotiate From Home Before Going to the Dealership (18:02)

Tip #7: Do Your Own Math (28:16)

Tip #8: Shop Around For Better Car Loans (30:08)

Tip #9: Consider the Extra Expenses (30:58)

Tip #10: Determine Your Car's Trade-In Value (34:59)

Check out my latest blog post featuring all of this information so you can bookmark or pin it on Pinterest for future reference: https://www.theballeronabudget.com/how-to-negotiate-with-car-dealerships-for-the-best-deal/

If you found this episode helpful, share it on Instagram and tag me @theballeronabudget so it can help someone you know! And if you'd like to support us, please leave us a review on iTunes so that new listeners can find this podcast too.

Show Notes Chapter Markers

It can be extremely inconvenient when your car reaches the end of its life, but having to buy a new one is even more stressful. This month, my car finally went out, and I had to get a new one. But I was able to negotiate with a few dealerships and walk away with the exact car I wanted at a price I was happy with!

Many people feel intimidated by the salespeople at car dealerships, so in this episode, I'm sharing my 10 best tips on negotiating the best deal for a new car. As a former car salesperson, Realtor, and simply having a background in sales and retail, I hope this episode helps you feel more confident when it's your time to negotiate for a new car.

In This Episode:

My buyer's remorse (1:32)

Why I bought a Kia K5 (3:53) 

Why I bought a new car quicker than I expected (5:12)

10 Tips For Negotiating the Best Deal on a New Car: 

Tip #1: Plan Ahead (7:17)

Tip #2: Save as Much as Possible, and Then Save Some More (9:15)

Tip #3: Do Your Research (10:47)

Tip #4: Consider Buying During Certain Times of the Year (13:15)

Tip #5: Test Drive Like a Race Car Driver (15:02)

Tip #6: Negotiate From Home Before Going to the Dealership (18:02)

Tip #7: Do Your Own Math (28:16)

Tip #8: Shop Around For Better Car Loans (30:08)

Tip #9: Consider the Extra Expenses (30:58)

Tip #10: Determine Your Car's Trade-In Value (34:59)

Check out my latest blog post featuring all of this information so you can bookmark or pin it on Pinterest for future reference: https://www.theballeronabudget.com/how-to-negotiate-with-car-dealerships-for-the-best-deal/

If you found this episode helpful, share it on Instagram and tag me @theballeronabudget so it can help someone you know! And if you'd like to support us, please leave us a review on iTunes so that new listeners can find this podcast too.

My buyer's remorse
Why I bought a Kia K5
Why I bought a new car quicker than I expected
Tip #1: Plan Ahead
Tip #2: Save as Much as Possible, and Then Save Some More
Tip #3: Do Your Research
Tip #4: Consider Buying During Certain Times of the Year
Tip #5: Test Drive Like a Race Car Driver
Tip #6: Negotiate From Home Before Going to the Dealership
Tip #7: Do Your Own Math
Tip #8: Shop Around For Better Car Loans
Tip #9: Consider the Extra Expenses
Tip #10: Determine Your Car's Trade-In Value