Fastest Way To Buy A Car

The Fastest Way to Buy a Vehicle

 Depending on how you're going to pay for the vehicle will make a huge difference on how long it takes to buy that car.

Also if you use the Dealer's banks verses your own bank or credit union.

Also what will have a huge impact on the amount of time it takes to buy your next car is if you know what car you want.

Start by doing a Needs Assessment – Finding out exactly what you want and need on your new vehicle, finding the right vehicle that fits you/ your family needs and wants. (You can do this on your own or with the dealer)

Having or Knowing your Allocated Budget – Finding the right vehicle and fitting it comfortably in your budget. The average car cost is now in 2018 is  $33,000 dollars with a payment of $509.      (Should I Buy or Lease)

Picking out the Vehicle – Finding the right vehicle that is right for you and/or your family, color, sunroof, wifi, forward collision alert, etc.

Take the Vehicle for a Ride - You Should Never buy any vehicle without taking it for a test drive. Making sure it is exactly what you want and expected.  (People assume they know how the cars drive, big mistake)

Trading Your Vehicle – Are you going to be trading your vehicle in or selling it yourself? Make sure you have your title or/and your registration with you. Looking online to get a value on your vehicle helps, be sure to print that out and bring it in with you.

Credit or Cash – Knowing your credit and getting a pre-approval from your bank will help you know what kind of interest rate you will qualify for, or even using your bank and just bringing a check in to pay for it.

Buying Extra Coverage – Should you buy extended warranty or a vehicle protection plan? These are decisions you need to consider as well, everyone is different, some people drive more than others, some people keep their vehicles longer than others, you should base your decision off of your personal driving and buying habits. But that is an individual opinion. You should buy gap insurance if you don’t put at least 25% down, You can always ask for a discount. What about interior or exterior protection? I can tell you I would always say No, depending on if your buying a new vehicle or used vehicle, but now with the ceramic appearance protection that can go on the vehicle, I am a big fan of. (my opinion)

The average person spends 40 hours researching their next vehicle they plan on purchasing, most of that is done online in the comfort of their home, or on their mobile device, or on your lunch break at work.

The average time it takes to buy a vehicle at the dealership is 4 hours!

The fastest way to buy a vehicle is to pay cash or have a check from your lender to finalize the deal!

Also it's better to come early in the morning when there is not a lot of people, this could help speed things up really quick.

*Let the Dealer know you have a certain amount of time or you will have to come back to finish the paper work. By doing that you should be in and out of the Dealership within 60 minutes.

I have completed a transaction within 20 minutes before, but only senior sales consultants have the ability to make something like that happen, so if you ask for a senior sales consultant that will speed things up as well usually!

I hope this helps you and answers some of your questions, but please feel free to contact me if I can be of any assistance, or if you need a new vehicle.

Thanks,

Gary Reed

Senior Consultant

garyknowscars@gmail.com

513-349-2259 (C)

callgaryreed.com

The New Modern Car Buying System

The internet killed the car business. Then, it built it right back up. We live in a world of retail transparency, shopping from the couch, and uber-competitiveness. Shoppers have the ability to get great deals every time they shop for a car and that has translated into a major shift in the way they're sold.

That's not to say that there are no dealers or salespeople out there who still try to mislead people into paying too much or buying the wrong car, but the paradigm that gave the car business a bad name in the 70s and 80s has been shifted to one where the majority of dealers believe in creating an incredible buying experience rather than an aggressive one.

The modern sales process at car dealerships has evolved to assume that the customers are well-prepared with information about the vehicles, their pricing, and the values of their trades. They often come in with an idea of what rate to expect, what discounts are available, and how hot a particular vehicle is. This is important to both the consumer and the dealership because it can streamline the process and make it easier for the transaction itself to go more smoothly.

It isn't just the abundance of information that has shifted the way that cars are sold. Word of mouth has always been important in the industry, but the rise of review sites, social media, and the ability that people have to communicate with the local masses has allowed car dealers to adopt a more favorable stance. They don't just want to sell more cars. They want their customers to be happy with their purchase. The manufacturers are paying more attention to customer satisfaction and they often use these statistics to grade the dealership as a whole. These grades can determine a dealership's standing in their market and can have an effect on their bottom line through favorable allocations and increased profit potential on the back end.

If anyone is getting a "raw deal" in the can business, it's usually the dealership itself. As consumers, we don't blink an eye when buying a couch or a shirt that brings in 50% or more profit to the retailer, but car dealers often struggle to make 4% off of a vehicle sold. I'm not suggesting that they don't make money, but it's not the easiest business to operate in America today.

When you're in the market for a car and you want to put up your defenses, remember that your best defense is information. They aren't out to get you. They just want to do business with you. It's better to go in armed with information and a good attitude rather than falling into the old style of being adversarial and skeptical. They aren't your enemy. You want to buy a vehicle and they want to sell one. Your goals are aligned.