Car Buying Myths and Misconceptions

There are a lot of cars buying myths that we get to hear every once in a while that range from the weird (go to the dealership when the weather is bad) to the harmless (call the car dealer on the weekend). There’s no harm in trying out these tips yourself, but the only problem is that they are very time-consuming.

Therefore to save your precious time and to help you better negotiate with the car dealers we have prepared a list of car buying myths and misconceptions that are completely absurd and will only waste your time.

Wait Until The End Of The Week To Purchase

It’s a very popular belief that you should wait until the end of the month, or the end of the week, to buy a car because dealers are under a lot of pressure to meet their sales quota. Supposedly, it’s likely that they’ll accept the offer (that’s in the realms of possibilities) that you make, and you’ll become a happy car owner. The thing about this belief is that it’s not always true. This only works if the dealership hasn’t been able to hit their target, even then you’ll have to compromise on color or other options unless you’re very lucky. So the amount that a dealer asks for a car is probably going to be the same at the end of the month as it’ll be at the start of the month.

It’s Makes More Sense To Bring In Your Own Financing

It’s a very well-known fact that bringing your investment to a dealership is better than having the finance office back the purchase of your car. If you’re arranging the finances for your car by taking a loan, then you must know that the dealerships usually set their interest rate level so that people would purchase the vehicle from them. But if you have a bad credit score then you can think about getting a loan from a pawn shop by pawning off your collateral. You’ll get up to four months to pay off your loan and get your assets back, which is an appropriate amount of time to come up with some money.

Buy A Car When The Weather Is Bad

The point behind this advice is that not many people go out to shop in inclement weather, so the day is going to be a rough one at the dealership, and if you go in there and give the dealer an appropriate offer, then he’ll be inclined to accept it. In reality, a lot of people have heard this advice and dealerships are pretty crowded and busy on rainy days so if you were thinking about visiting the dealership on a rainy day then maybe I just saved you a lot of time.

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