The short answer: yes, but it depends. You need to knowhow to negotiate used car prices, know what to research and understand exactly how much the quoted price is negotiable. There are also a number of other considerations. Here's what you need to know: Does the dealer have a non-negotiable one low price policy? Are you buying a certified used car? Has anyone else managed to get a lower price than the listed price? By doing your research beforehand, you'll be in a better position to get a lower price on a used car.
This way you know if you have a good deal
If you're considering buying a used car, you want to know how to get the best price. One of the benefits of buying used vs. new cars is that the price is much more negotiable. Phil Long dealers enjoy working with buyers to ensure everyone walks away satisfied. That's why we've put together some tips to ensure you get the deal you can brag about.
Research the value of the used car
Before you buy a used car from someone, consider the value of the vehicle. A good tool for doing research isKelly blue bookIf someone asks you to pay more than market value, you deserve to know why.
Your financial history
If you have a good credit score, there is a lot more room for negotiation. While you may not be able to reduce the price of the car significantly, you can get a better interest rate, saving you money in the long run. Dealers are happy to reward you for your responsibility and will fight for your business.
Related article:How credit scores affect used car loans
How long the used car has been on the lot
If you get oneCARFAX-rapport, you can see how long the dealer has had the vehicle. If it is new on the lot, you may have trouble negotiating the price. On the other hand, if it's been there for a while, you might get it at a rock-bottom price because the dealer wants to move it.
The type of vehicle used
If you choose a vehicle that other people aren't interested in, you may be able to get a better deal. For example, cars without much equipment or models with a manual transmission are generally not that popular. These will remain on the dealer's lot until the right buyer comes along. If you see one of these cars, make an offer to see if you can get a big discount.
Buy used cars from Phil Long
At Phil Long dealers we don't want you to worry about price. That's why we price our used cars for sale. You can trust us to offer our lowest brand prices because we want to please our customers and keep inventory moving. Visit your nearest dealer today to see what used cars we currently have.
