New Car Buying Services: 5 Money Saving Secrets

If you are in the market for a new car, you will have your pick of new car buying services, and the following are 5 money saving reasons to work with a new car buying service if you’re after a new vehicle.

1. AAA Money Saving Partnership

If you are already a AAA member, then you should consider tapping into your member benefits and utilizing their free new car buying services. AAA is partnered with new car dealers around the country who will give members a discounted price on a new car up front. The process is quick and easy, there are no intimidating car salesmen to deal with and you know you’re saving money with the best deal.

While AAA is tracking down a money saving deal on your chosen new car, you may also want to consider their special offers on car financing and insurance offered to members.

2. Hidden Costs Revealed

With access to the car dealer’s invoice on your chosen vehicle, new car buying services can quickly and accurately identify any hidden costs. While hidden costs in a new car can add up to an additional 10% of the purchase price, you can also avoid paying for things you don’t need by having your new car buying service organize delivery of your new car to your home, so you’re not pressured into accessories or extras at the dealership.

3. Legwork Savings

Making your way around the new car dealers in your area does not only cost you time, it also costs you money for fuel, car parking and lunch eaten on the run between negotiations. However, when you work with a new car buying service, their representatives have pre-negotiated deals on new cars, just waiting for you to take advantage of them.

4. Not for the Profits

Some new car buying services are offered free, while others charge fees of several hundred dollars. If you decide on a new car buying service which does charge a fee, look for one which offers a guarantee to find you the lowest price, or waive that fee. This puts the buying service’s goal on the same page as your own—you both want the lowest possible price, to save the most money.

Car buying services also don’t benefit from a high sale price as a car salesman would. Where the sale price of a new car dictates the salesman’s commission, car buying services are not rewarded in this way. Instead, their representatives work with the Internet Managers or Fleet Managers of a new car dealership to truly save you money. They are up to date with the rebates, dealer incentives, options and original invoice prices of all new cars to make sure you save money working with them.

5. Pre-Approved Finance

Not having to worry about negotiating the price of your new car leaves you free to organize your financing. With a pre-approved loan or lease agreement, your car buying service can offer even more bargaining power in their car buying negotiations to save you more.

The difference between the sticker price of a new car and the car’s invoice to the dealer is often as much as $3,000, and sometimes much more depending on the price of the car. With these industry secrets and inside knowledge on your side, a car buying service could save you thousands, as your car buying service representative will also know about dealer holdbacks and rebates which could even see the price of your new car dip below its invoiced price.