Tips on Buying Cars: Finance New Car, kelly blue book, finance trade


Question
I've read through your previous questions. I'm trading a car in, have reasonably good credit-760, and I could pay in cash. What is the best strategy to get the lowest price, overall? Pay cash? Finance? Trade in? What else should I consider?

Thanks

Answer
Hi John, I'm not big on paying cash for a new car (used yes). Rates are really good right now. Get the invoice of the vehicle you are interested in, see if any rebates are being offered, find a salesperson you like. Check Kelly Blue Book for the value of your trade-in. Negotiate the price of the new car first then tell them you have a trade. Let me know if you need anything else...good luck.