In recent years, car dealerships everywhere have been advertising “No Haggle” pricing. When this term is used, it usually means that the listed price is the lowest price that the seller will accept from you.
When you are buying a new car, you likely expect that the dealership selling the car will negotiate the price of the vehicle with you. After all, getting the deal you want is important and it is the way dealerships worked until recently.
Some people enjoy the haggling process when it comes to purchasing a new car. They pride themselves on being able to save lots of money.
Sometimes, getting the deal you want when buying a new car requires a certain amount of bluffing on your part. If you want a certain car but the seller’s lowest price is still too high, you might have to act like you’re walking away. With luck, the seller will be willing to haggle at that point.
It’s a long-standing tradition of car dealerships to post higher prices than they are expecting to receive. This “wiggle room” allows the vehicle dealerships to be accepting lower price offers.
By listing a low upfront price to begin with, this makes it easier for consumers who do not want to haggle still get a reasonable price.
The listed price for a car might be as low as a dealership is willing to go if you buy the vehicle outright.
If you have a trade-in vehicle, there’s a good chance that some haggling will take place regarding the value of the trade-in vehicle. Since both parties want to get reasonable pricing, it may need some negotiation. So if you hate haggling you might choose to sell your vehicle instead of trade it in.
Another area where haggling might come up is financing. If you’re financing a new car through a dealership, don’t be scared to haggle with them when it comes to interest rates and terms. Though even better is to check about financing your vehicle through your credit union or bank.
Buying a new car should be a fun and exciting experience. Just because a dealership offers “No Haggle” pricing, it doesn’t mean that getting the deal you want is impossible. With just a little bit of persistence, you can get reasonable pricing at many car dealerships.