If you’re tight on cash, negotiating a price can be an effective way to get some breathing room. This holds true whether you are purchasing a new or used car. Buying a car is not so simple as sliding across the money and getting the car keys in return. You have to get a warranty, insurance and accessories. All of which are negotiable.

Here’s what you can negotiate to sweeten the car deal and save more

The Sticker Price

Unless the dealership has a strict policy on no-negotiation, the sticker price is always negotiable. The same holds true if you are buying a used car. However, in general, used cars are always easier to negotiate for a lower price than a new car.

You need to do your research when buying the car. Know the market price and the defects and problems that the car faces. Leverage this information to get the price lowered.

Trade-in

Already got a car, you can trade it in. Ensure your used car is in tip-top condition so that you can get the maximum out of it. More importantly, trade-in your used car with the same dealer or seller you are buying your new car from. Know the market price of the car, so you can negotiate the best price possible for it.

Insurance Rate

Picking an insurance plan for your vehicle gives you a lot of freedom. It’s best to pick one that covers the accident victim and your own car. Speak with the insurance companies, present your financial situation to them and negotiate an interest rate that is suitable for you.

Accessories

Negotiating for accessories can go two ways. Either, you convince the dealership to shed some of the accessories to lower the price of the car, or, get them to throw in some freebie accessories. Accessories always add fun to a car, but some of them can significantly increase the car’s cost.

Warranty

A new car will come up with warranty, but a used car most probably won’t. In such a case, you have the option to select a warranty for a used car or an extend warranty for the new car. However, the downside, is that you will have to shell out more. You can avoid these to bring the cost of the car down.

Walk in with your finance ready

If you don’t have the cash, you can acquire an auto loan to buy the car. Don’t depend on the in-house financial support of a dealership. Secure your own financing when you go to buy the car. This simply gives you more negotiating power to bring down the car’s price.

Non-Negotiable

There are three things that you can’t negotiate on.

• Sales Tax
• Documentation Tax
• Tag and Titles Tax

Considering that they are taxes, they are controlled by the government.

If you are in need of a car loan, get in touch with Insta Auto Loans. An easy procedure ensures that you get an auto loan with no hassle, even if you have bad credit. When you’re low on savings, it’s best to try and save as much as possible. Let these points help you.