The Baller on a Budget

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

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