Frequently Asked Questions

I will be paying cash for my new car, how much of a price cut can I expect?

Paying cash for a new car can actually work against you. Sometimes you may end up paying more for your new car than if you chose to finance it through the dealership. Dealerships often make more profit from the financing of the vehicle than from the actual sale of the vehicle. When the dealer is not getting the profit of financing the vehicle they will not be want to offer additional discounts.

Here are some strategies for buying a new car with cash:

• Be honest. Tell them that you'll be paying with cash, you have your insurance and other details already arranged and all they have to do is give you a fair price and you'll drive the car home today. Always be sure to emphasize that you'll drive the car home now or today. Point out that this is a quick easy no-hassle sale that gives them the opportunity to move another car off their lot today.
• Avoid the negotiating games altogether by starting at OEMcarsales.com and getting a free price quote from dealerships in your area for the exact car or truck you want to buy. Choose the lowest price or best offer then buy the vehicle outright with no games, no hassles.

Some auto manufacturers are offering special financing as low as 0%. What are the hidden truths behind these unbelievable rates?

Believe it or not, these low financing rates are usually legitimate. They are fantastic offers by the manufacturers to assist dealers in moving out certain models.

There are some things you should watch out for:

• About 20% of car buyers actually qualify for these special loans. You need an excellent credit score, typically usually 680 or higher.
• Usually you have a choice between the 0% financing rate and a rebate. Buyers who may need the cash for a down payment, the rebate may be the best way to go.

Does it make sense to consider buying used car?

Cars and trucks is the worst investment in country, especially during the first three years of ownership. Buying a used car two to three years old will provide about a one-third decrease in the cost. So the answer is yes, there is a big savings when it comes to purchasing used cars. Most certified used cars from local used car dealers come with a extended service contract so you might want to get used car quotes on those cars as well.

What is a Used Car Condition Report?

A Used Car Condition Report is the result of an inspection conducted by an automotive expert to ascertain the overall condition of an automobile. The report consists of a thorough inspection of the automobile in question. It includes a mechanical check of the engine and drive train, plus a thorough examination of the interior and exterior.
What does the Used Car Condition Report look like?

After the inspection is completed, the inspector will discuss his findings with you. A hard copy is then sent by mail. The report reflects the inspector´s findings and content of an inspection.

Can I request a specific area on the car be checked?

Yes, you can. Many times the person selling the car might mention potential problem areas on a used car.

How long does the Condition Report take?

Depending on how much is wrong with a used car, usually the older the used car, the longer it will take.

Does the Condition Report "certify" the vehicle I am buying?

No, the Condition Report does not certify or infer any type of warranty on the vehicle inspected. The purpose of the "report" is to make the consumer aware of any obvious or apparent defects that exist at the time of the OEM car inspection. You will gain the benefit of an independent opinion from an automobile expert on the overall condition of the vehicle being inspected. Mechanical Warranties can be arranged through the used car dealer that would cover most unforeseen mechanical problems after the purchase.

What is the difference between a Condition Report and an Appraisal?

To summarize, a Condition Report is a pre-purchase inspection to determine the overall operation and condition of the vehicle. Value is not a consideration as a part of that report. An Appraisal is a determination of fair market value by an appraiser.