USA is a country on the wheel, so buying a car is very important. At Dealmoon.com, our editors have done thorough research and summarized best practice of buying cars to share with you here.

1. Model selection

Everyone has their favorite models in mind. Although a test drive can provide real world experience, there are too many models on the market to try. Therefore, it is wise of you to read some review and finalize a few top candidates.

The following table provides the review links of different car brands, so you can check the details conveniently. In addition, one of the most significant factors of selecting cars is quality, that is, minimal maintenance and repair. We summarized expert opinions from professional magazines such as Consumer Reports and list the brands by the order of quality statistics in the following table (smaller number below means better quality).

Some brands are not included in the statistics due to low sale volume：Mitsubishi |  Jaguar |  Suzuki |  Land Rover |  Mercury |  Rolls-Royce |  Ferrari

2. Price check

There is no doubt that price is the most important factor. Before negotiating price with the dealer, you must do some research. Generally, dealers only show MSRP which is meaningless. We recommend you to check a more realistic price — "invoice price" which is the average price in the dealer’ inside sales calculation. In fact, the dealer’s purchase price is still lower than invoice price. The manufactures adjust the price based on the dealers’ inventory turnover and sales volume. From the dealer’s view, faster turnover means less interests occurred and lower purchase price from the manufacture. In summary, if you select best selling cars, it is easy to get close to or even lower than invoice price.

How to find invoice price for free and encourage the nearby dealer compete price for you?

Click here to begin searching. Or when you browse cars in the above review catalog, click "Get a Free Price Quote".

Input your model, and click "Go".

As a next step, the dealers you picked will provide quotes for your favorite cars. The dealers know that you have consulted several dealers, so they will not raise price too much. Moreover, some dealers will lower the price to beat other competitors. Consumers finally control the price.

3. Price negotiation

Now you know that the dealer’s purchase price is lower than invoice price, and you can start to negotiate price with the dealer within the given profit of $500-$2000. According to our experience, European cars are close to MSRP, and Japanese cars are lower than MSRP but less likely to be lower than invoice price. How much lower depends on your negotiation skills. American cars are close to invoice price. During the negotiation, you need to be patient but not shy. Finally, you may say, "The dealers on edunds.com provide lower price. If you beat their prices, I will buy from you locally. " In general, it is easier to reach lower price in July, August and December, because models are updated every July and August and the dealers need to prepare annual report and clear the inventory every December.

After price negotiation, the dealer will ask the finance officer to discuss with you. The manufactures often offers low APR or 0% APR and etc. We suggest you to check your credit score with no cost here, print it out and bring it with you. If some dealers play tricks on your credit score, you can show the printout handy.

(Note: please cancel Free Trial within 7 days. Otherwise, you will be charged $19.95 monthly fee. During registration, you will be asked "3 Bureau Credit Report for $29.95". Don’t select it. Otherwise, you will be charged $29.95. This is a free check for Experian credit score. Equifax and TransUnion is not free.)

In addition, the finance officer always recommends extended warranty. According to some statistical analysis on 8000 randomly selected consumers, you may decide whether you need it. The findings are as follows:

• 42% respondents said that they didn’t repair cars during extended warranty.
• 65% respondents said that they spent $1000 for extended warranty, but only got $700 benefit.
• Only 20% respondents said that extended warranty was worth.

Get the new car!

We sincerely wish you buying your favorite car with a reasonable price.

After buying the new car, you may check USInsuranceOnline.com for free quote on auto insurance. You may compare different insurance companies’ quotes in real time. By the way, as shown in TV ads, 21st Century Insurance always offers cheaper rate. Please feel free to check it.

If you have an old car which may not even run, you may try to get a free quote from Junkmycar.com. You get paid and they will tow away your old car for free.

In addition, following car purchase, you will drive your new car on the road. As gas prices are climbing so fast, please check the following credit cards which offer 3%-5% Cash Back on gas purchase. Don’t miss these great offers!

This entry was posted on Sunday, July 24th, 2011 at 10:27 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.