Can I go to a car dealership and just look around?
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Can I go to a car dealership and just look around?
Originally Answered: Can you go to a car dealership just to look? of course you can, dress up nice and smart and pretend you are interested in buying a car but don’t let them know you you are rubbing them up, ask for a few brochures as well.
Can you go to a car dealership just to look?
It is quite acceptable. If you aren’t planning to buy, it isn’t quite so acceptable to test drive. Do all the looking you want, collect any information the dealer may have on any vehicle that interests you, and don’t be bashful about letting people know you are just looking for now.
Will dealers show you invoice price?
In most cases, the dealer will have paid much less than the publicized dealer invoice price for the vehicle. Sometimes a salesperson will even show you something that looks like an invoice to make you believe that they are profiting little on the sale of the vehicle.
How much can you talk a dealer down on a new car?
Focus any negotiation on that dealer cost. For an average car, 2% above the dealer’s invoice price is a reasonably good deal. A hot-selling car may have little room for negotiation, while you may be able to go even lower with a slow-selling model. Salespeople will usually try to negotiate based on the MSRP.
How much cash should I spend on a car?
Whether you’re paying cash or financing, the purchase price of your car should be no more than 35% of your annual income. If you’re financing a car, the total monthly amount you spend on transportation – your car payment, gas, car insurance, and maintenance – should be no more than 10% of your gross monthly income.
Is 25000 too much for a car?
According to the 36% rule, it isn’t wise to spend more than 36% of your income on loan payments, including car payments. That means that if you’re making $50,000 a year, it isn’t a good idea to buy a car that costs more than $25,000.
How much should I spend on a car if I make $50000?
Know Your Expenses Expert estimates range broadly. Greg McBride, a senior vice president, chief financial analyst at Bankrate.com, advises that a car payment should equal no more than 15 percent of your pretax monthly pay. That means that if you make $50,000 a year, your monthly car payment could be as much as $625.
Can I put 1000 down on a car?
If they’re dealing with less than perfect credit, this person can expect to need around $1,000 for a down payment. Here’s why: When it comes to special financing, lenders typical require borrowers to make a down payment of $1,000 or 10 percent of the car’s selling price, whichever is less.
What is the monthly payment on a 25000 car loan?
Your new loan amount would be $25,000, your monthly payment would be $452, and you’d pay $2,113 in total interest charges.
What is the payment on a 45000 car loan?
$45,000 Car Loan. Calculate the Monthly Payment.
| Monthly Payment | $1,061.99 |
|---|---|
| Total Interest Paid | $5,975.61 |
| Total Paid | $/td> |
Can I get a car loan with a credit score of 650?
A credit score of 660 or up should get you a car loan at a good interest rate, and lower scores can still qualify. A target credit score of 660 or above should get you a car loan with an interest rate around 6% or below. …
