NewCarBuyingTips » new car prices

Welcome to NewCarBuyingTips!

admin — Sun, 26 Apr 2009 04:37:32 +0000

This blog is run by CarInfo.com, one of the oldest consumer protection sites for car buyers on the Web. After years of helping TV crews conduct undercover investigations of car dealers across the country, high-speed Internet technology has now enabled us to provide online videos of actual undercover stings catching dealers in the act. So learn, enjoy — and be sure to tell your friends!

The Best Deal on a New Car

admin — Sun, 26 Apr 2009 04:12:04 +0000

To learn how to get the best deal on a new car, be sure to visit CarInfo.com. You can use the Money Saving Tips page to get free quotes on new cars & trucks, auto loans, insurance, new car leases and lots more. And you can learn about more dealer tricks on the Car Buying Secrets and Auto Leasing Secrets pages.

Dealer Invoice Is Not Dealer Cost

admin — Fri, 08 May 2009 16:14:06 +0000

If you’re trying to be a smart shopper by paying as little as possible for that new car or truck, here’s a common mistake: thinking that “dealer invoice” is the same as “dealer cost.” (It’s not.) While it is true that dealers buy cars from the manufacturer based on the invoice, there are items built into the invoice price that are rebated back to the dealer later. A good example of this is dealer holdback. Holdback is usually a percentage (2% to 3%) of the MSRP, but some manufacturers base it on the invoice amount. So a dealer selling a $30,000 car at the invoice amount with a 3% holdback is actually making AT LEAST $900 profit. Plus there are lots of factory-to-dealer incentives that rebate even more money back to dealers, allowing them to potentially make several thousand dollars even when selling at invoice. For more on this subject, see the Car Buying Secrets page at CarInfo.com.