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How to Get the Best Car Deal on 2/26/2014

There's more to getting a good deal on your next vehicle than just negotiating with a salesperson. Here are three tips to get you started:

  1. Trade in your vehicle between January and September. Car values drop in October, November, and December, so avoid those months to get a better price on your trade. Have your car professionally detailed so it looks its best. Then, research the value beforehand using AutoSMART to review NADA Guides and Kelley Blue Book pricing.
     
  2. Understand the financing options. Check the fine print on special offers. Avoid low rates that only last a limited time or have late payment penalties. Consider using a rebate as a down payment on the car, reducing the amount of your loan.
     
  3. Don't miss out on a rebate because the dealership is offering to finance the car. Most Albuquerque and Tri-Valley dealers will open a low rate SLFCU loan for you, right in the showroom. Just ask.
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