• shopping on Black Friday

Dos and Don’ts when shopping for a car on Black Friday

Black Fridays are chaotic, crazy and stressful. They can also make for a beautiful, fun-filled experience with loved ones. Either way, the bottom line of Black Friday is to save as much as possible by taking advantage of the huge discounts on products from various outlets. While the masses flock at the doors of big-box stores seeking to save a few bucks on clothing and electronic purchases, a few opportunistic souls rush to car dealerships looking to find the best car deal and save a lot of money. Indeed, Black Friday has become one of the busiest days of the year for all traders.

 

The weeks between Halloween and Thanksgiving are very slow for car sales, so Black Friday finds most dealerships selling their cars at a discount to make up for lost ground and meet sales goals. It is, therefore, an opportune time for bargain hunters to find a good black Friday deal.

To take full advantage of the Black Friday car deals, here is a list of dos and don’ts that you should keep in mind.

Do’s

  1. Go online and check out various offers by various car dealerships. Check their inventories and pick out the car of your choice ahead of time. You might also want to pick out an alternative just in case you miss the car you want.
  2. Visit the dealership before Black Friday to test-drive the cars you have picked out. You can also test drive multiple others since you have the time.
  3. Before you go to the dealership on Black Friday, have your financing in hand.
  4. Prepare to be at the dealership for a while. Thanks to the traffic at the dealership, buying a car may take longer than usual on Black Friday.
  5. Clarify ahead of time if you will be getting the gifts included in a car dealership’s black Friday deals. They may be offering gift cards, TVs, etc. to sweeten their deals.

Don’ts

  1. Wait until Black Friday to have your trade-in appraised. That way you’ll have a trade-in amount ready for comparison on Black Friday.
  2. Go browsing on Black Friday. It is a day geared for buying.
  3. Negotiate for hours to get the lowest price. Check for the average price of the car in advance to compare with that of the dealer. Chances are the dealer will offer you rock bottom prices or something close.
  4. Assume that all carmakers will be offering Black Friday specials. Reach out to your local dealership ahead of time or visit the carmaker’s website to see what Black Friday specials you can expect.

Sign up for a zero % APR loan before checking if there is cash back offer.

By | 2017-11-24T01:36:07+00:00 November 24th, 2017|Uncategorized|0 Comments

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