Price of Car

Know Your Price of Car Before Going to the Dealer or Shopping Online Car Loans

By Egi Isnaeni

Too many people in this world are uninformed shoppers, even with the wealth of data at their fingertips. They walk onto a car lot or shop for online car loans without knowing the price range of the vehicles they are looking at.

It's very easy to find out how much a car is worth. car loans are easier and cheaper to get, not only does that help you with the dealer, but with the information you can get online. A lot of shoppers recomends to use one of three sources: Edmunds, Fighting Chance and Kelley Blue Book.

Edmunds

Edmunds was founded nearly a half-century after Kelley with the goal of becoming "America's most influential and authoritative source of automotive information".

Edmunds lists factory to consumer rebates that you can use to figure out what a car will actually cost you. If a dealer claims the invoice price is $20,000 but you know there is a factory to dealer incentive of $2,000 then the price the dealer paid was $18,000. You can use that information when negotiating.

Fighting Chance

in the early 1990s this service was started in an effort to tell shoppers how car dealers do business today, not how they did it fifty years ago.

Besides offering invoice information such as Kelley and rebate information such as Edmunds, Fighting Chance provides much more than that. They give information on how much consumers are actually paying for a make and model and they have informational articles on negotiating techniques like the "fax attack".

The downside is this services is not free. Some people feel hesitate at the idea of paying for information but a $40 report may could save you hundreds or thousands off the purchase price of your next car.

Kelley Blue Book

Most of people has heard of the "blue book value". Since the 1918, Kelley has been publish of Blue Book of Motor Car Values , and that's providing information on car prices. It has been the standard reference for every car buyer for decades.

Kelley doesn't show actual dealer cost, and lots often get secret rebates from manufacturers, it's make Kelley still a solid reference and certainly better than going in blind.

Finally, don't want to  be an uninformed shopper. All of these services are greats sources of information that will give you power when negotiating the purchase and looking for online car loans. You may can spare a few minutes to save hundreds on your next car and for a little knowledge to educate yourself.

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