If you’re looking to buy a new vehicle, you probably are gearing up for many trips to different dealerships around town. But there is another way: you could utilize an auto buying service.
Is it worth it? Well, like most things, it is determined by what you’re looking for and what your specific expertise is. A car buying service will help take somewhat of the negotiating tasks off of both hands. If you are a terrible negotiator and cave under pressure, by using a car buying service could save you a lot of money because the service agent won’t cave to pressure from a pushy car salesperson or the dealer like you might.
If you’re willing to invest a long time researching deals in your neighbourhood on your own, you’ll likely be able to beat whatever price an automobile buying service can offer you. By choosing a car buying service, you could also be setting yourself up to pay extra fees for their time and trouble.
Whether or not you choose to go rogue at the dealer or use an automobile buying service, considering the several options before making a final choice-and it’s also worth taking a look at what your area dealerships have to give you.
Types of car buying service
There are three main ways you can use a service to buy an auto while skipping a trip to the dealership: individual brokers, clubs that you already participate in, and car concierge services.
A car broker is there to do the messy work of searching once and for all values and negotiating with dealerships for you. Whether as a free of charge agent or as a worker of a sizable company, brokers can do their utmost to save you money on the purchase of your next vehicle.
Pros: You often won’t have to pay brokers any fee, or at least won’t have to pay a charge as high as the other car buying services in Jordan this list.
Best Buys: Search for reputable brokers on Yelp or Yellow Pages.
Membership Discount Deals
If you pay to be a member of a sizable supermarket club or a credit union, there’s a good chance you have an automobile buying service included in your membership. Typically, this service is provided through an online tool which allows members to look for specific car makes and models. Rather than haggling with a dealership yourself, you’ll get access to pricing that was pre-negotiated because of your membership club.
Pros: This perk is typically contained in what you already pay money for club membership. Additionally, professionals who work for the club can suggest vehicles that may work better for you/be available for better savings than the vehicle you actually searched for.
Pros: Very little legwork for you. Just like the friendly hotel concierge who listens to your preferences and then can help you find a very good destination to eat or sight to see, car concierge services tune in to your requirements and then help you find the perfect vehicle. An automobile concierge will do all the work of looking for the perfect vehicle, negotiating contracts, or final price, plus some will even deliver your new vehicle to your entry way.
What is a car-buying service?
Car-buying services can come in several forms and are also sometimes called car concierges or car brokers. Let’s review two types of car-buying services you may come across.
- Membership and customer programs
You may already have access to a car-buying service through a membership with companies such as AAA, Costco or Consumer Reports. Your bank or credit union could also give a car-buying service. For example, Chase has a partnership with True Car, a sizable car-buying service that partners with a number of highly recommended lenders and other companies.
Some of these companies often offer prearranged pricing through their online portals, so you’ll know the price tag on the automobile without having to negotiate once you arrive at the dealership.
Remember that you’ll still have to pay other fees which come along with buying a car, like taxes and registration fees.
- Car concierges
An auto broker or car concierge is a service that helps you find an auto and negotiate the price, usually promising to save you money and time.
Companies like Car Bargains or Authority Auto will look for a vehicle based on your preferences and negotiate your car price directly with the dealership for you – for a cost that can range between a couple hundred of dollars to more than $1,000.
By working with an auto broker or concierge, you might make use of its industry knowledge and experience. But while a company such as this may get you a deal, it’s important to know that some brokers receive compensation from dealerships – making it important to do a few of your own research to ensure you’re having a good deal. Check out Lexus Dealership in Jordan for more information.