Buying a car is a common part of life, but it can still be overwhelming, even with the expertise and attention to customer’s needs at Dave Cross Motors. That said, there’s a lot of myths and misconceptions about what you should do when buying a car. We’ve compiled a list of them, to talk about how these things might not necessarily be true. If you’re interested in buying a car from us (and we hope you are), read on!
Myth: The Best Deals Are Online
rnOnline car shopping offers convenience and access to a wide range of inventory, but it’s essential to remember that not all sellers and deals are available on the web. Some dealerships may not have an online presence or may offer exclusive promotions to in-person buyers. Additionally, by physically visiting a dealership, you may have the opportunity to negotiate face-to-face and benefit from in-person incentives.
Myth: You Should Pay in Cash
Paying for a car in cash might seem like the best way to avoid interest payments, but it’s not the only viable option. Car loans with low-interest rates can make sense, especially if you can invest your cash in a way that earns you more than the interest you would pay on the loan. Additionally, financing a car can help improve your credit score if managed responsibly. Evaluate your financial situation, interest rates, and long-term goals to determine whether it makes more sense to pay in cash or finance your purchase.
Myth: Bring Your Own Financing
There’s a common belief that financing through a dealership is more expensive than getting a loan from a bank or credit union. While this can be true in some cases, dealerships often have access to competitive financing options and promotions that can make financing through them a cost-effective choice. Always explore different financing sources, compare interest rates and terms, and negotiate the best deal, whether you choose to finance at the dealership or elsewhere.
Myth: Mention Your Trade-in at the End
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