Shopping for a vehicle can be a challenging process, especially when it comes time to negotiate the price. With so many models and options available, getting the best deal can take a lot of work. Fortunately, there are a few magic statements that you can use when negotiating with a Dodge dealership to maximize your chances of securing a great price. Whether you’re after a new Dodge or a Jeep SUV, these statements can help you save money while still getting the car of your dreams at an affordable price:
1. I know the Blue Book value of the car I want to buy
Understanding the blue book value of the car you intend to buy can provide you with a concrete baseline for bargaining. This can help you clearly understand the average market rate for the vehicle you are interested in, preventing you from paying too much. The blue book value considers aspects such as the car’s age, condition, and mileage, making it a reliable estimation of the amount you should be expecting to pay. By mentioning that you know the blue book value, you show the dealership that you’re informed and serious about getting a good deal.
2. I’ve already been pre-approved for a car loan
Before visiting a car dealership, it is wise to do your homework and secure financing from your preferred bank or credit union. Make sure to find the best interest rate and receive written confirmation of how much you can lend and the terms of the agreement. When the dealership knows you have already been pre-approved, they will be less likely to present you with a high-interest-rate loan. Occasionally, you may even find a 0% financing offer at the dealership. If the offer is authentic and does not exclude other discounts, you can always select it. However, by obtaining pre-approval, you are keeping all your options open.
3. I’m not interested in the extended warranty
When purchasing a new car, it is important to communicate your stance on extended warranties to the dealership. If you are not interested in purchasing an extended warranty, let the dealer know, as this can help reduce the overall cost of the car and save you money. Be sure to clearly express your position regarding extended warranties to ensure clarity and communication during the negotiation process.
4. What incentives are available
Incentives can be an excellent way to save money when purchasing a new car. Numerous car makers will provide incentives for customers to choose their vehicles. For instance, Dodge and Jeep regularly offer cash back or low-interest finance options for particular models. Inquiring about available incentives is a great way to demonstrate to the dealership that you are informed and are open to various possibilities. By negotiating, you can obtain a better deal from the dealership, as they may be more likely to accept your offer if they believe they have a better chance of closing the sale.
5. I’ll come back another day
If you find yourself in negotiations with a car dealership and want the best deal possible, a great strategy is to tell them that you’ll come back another day. This tactic can be especially useful if the dealership is busy or unwilling to give you a good price. By implying that you have other options and can come back later, you demonstrate to the dealership that you are not desperate to buy and are open to shopping around. This can give you more negotiation leverage and increase your chances of getting a better bargain.
Buying a new car can be complex; however, using these magic statements can increase your chances of getting the greatest bargain. By being knowledgeable, prepared, and confident, you can save money and get the desired car at an affordable price.