Are you interested in buying a Land Rover or something similar to travel cross country? If you know anything about Land Rovers, then you will know they come with an expensive price tag. However, you can save money on purchasing one if you know how.
In this article, we will provide you with a few pointers that can help you to get the best deal when buying Land Rovers or similar vehicles. Pay close attention, you might save hundreds or even thousands on your next car purchase.
When purchasing a vehicle that you will use specifically for road trips, you need to make sure the car you are buying is in tip-top condition. Especially if you are buying a used vehicle, you want something that will stand the test of time. Long road trips will obviously cause some wear and tear therefore, it is vital that you do the necessary checks before you sign on the dotted line to purchase the car.
If you have the money, cash deals can save you lots of money. Especially if you are purchasing a used car. When you have cash in hand, your negotiating power is much stronger than if you have to apply for finance to purchase the car. Therefore, if you want to buy a Four-wheel drive, take the time to analyze your finances, can you afford to pay cash? If you can, save money by paying for your car outright.
Organize Financing Beforehand
If you don’t have the upfront money to pay for your car outright, do the next best thing and organize financing beforehand. Apply for a loan before you start searching for a car, that way, you will be armed with the financial muscle to negotiate down. Again, if you have cash in hand, you have more room to maneuver when it comes to negotiating the price of the car.
If you plan on applying for a loan, check your credit score to make sure that you meet the criteria to apply for a loan.
Fix Your Credit
If you want to go down the financing route, fix your credit score if it’s bad. Bad credit finance deals are far more expensive than good credit deals. The interest payments are often extremely high therefore, make sure you fix your credit if you want to save money on buying a Four-wheel drive vehicle.
Search for Rebates or Financing Incentives
Financing and rebate incentives can help you to save money on your next Four-wheel drive purchase. Often, there are incentives given for taking up financing such as 0% interest for a period of time. Take advantage of these incentives to save money on interest payments.
Buy Phased out Year Models
When brand new models are released, often the cars that have been sitting on the lot for a while are heavily discounted for a quick sale. Take advantage of this and purchase the phased out year models instead of opting for the brand new vehicles. You will have greater negotiating power if you choose the phase out year models over the fresh arrivals.
Buy a Used Car
This one is a no-brainer! Unless it’s a rare vintage model with historical significance, you can save heavily by purchasing a used car as opposed to a brand-new car. Search online for your closest dealership. For example, if you want to purchase a Land Rover and you live in Arizona, search for Land Rover Arizona online. A list of dealerships will come up, go to the nearest one and find their used car section.
Before you purchase a used car, always get a mechanic’s inspection. Use your mechanic inspection report to negotiate the price. Ask a series of questions such as how many previous owners has the car had? Check the repair history, ask about service history and check if it has been involved in any accidents recently.
Test Drive the Vehicles
How can you save money by test driving the vehicle? Easy! Once you have finished test driving a couple of cars, let the sales rep know that you like the car, but you are not really sure if you feel comfortable in the vehicle. Say you are generally happy with the car though, but you would need to think about it. Usually, the sales rep will try to convince you by highlighting all the benefits of the car. Your uncertainty will help you get a discount on the vehicle.
Ignore the Ticket Price
Never accept the ticket price, if you want to purchase the car, offer the lowest possible price first. The sales rep will most likely refuse your first offer, give your final offer and don’t back down. Be ready to leave the dealership, this usually works to convince the sales rep to accept your offer.
Search for Auctions
You can get huge discounts on Four-wheel drives by purchasing from auctions. Often the cars available at auctions are repossessed finance vehicles, bankruptcy stock or accident vehicles. If you are not experienced when it comes to car auctions, ask an experienced friend or take the time to observe a few auctions before you start bidding.
Check Dealer Invoice Information
There are many websites online that will provide you with dealer invoice information. What does this mean? You can check the initial price that the dealership paid for the vehicle, this can help you to negotiate the price of the car. If you are fully aware of the dealership’s price, you will know exactly how much the dealership needs to make a profit. Use this price to negotiate a massive discount.
Buy from a Private Seller
If you don’t want to buy from a dealership, you can purchase from a private seller. Private sellers are often easier to convince when it comes to negotiating prices. Some sellers need a quick sale to solve a financial problem or they no longer need the vehicle and would rather raise some cash. Therefore, if you go with cash in hand and a professional mechanic, you can negotiate the price of the vehicle quite easily.
Always expect to pay high prices for high-quality four-wheel-drive vehicles; however, if you use some of the tips outlined in this article, you can certainly save a few coins. Buy cash if you can afford to do so, if not, arrange your financing beforehand. Be ready to negotiate, check the invoice price, buy phased-out year models or purchase a used car. These are just some of the tips and tricks that can help you to purchase a four-wheel-drive car at a fraction of the cost. Finally, make sure the car is in good condition since you will be clocking up hundreds of miles as you road trip around the country.