The good news out of today’s economy? It’s a great time to buy a new car.
“The power is in the hands of the consumer,” says Michael Caudill, auto expert and spokesman for NADAguides.com. A tightening credit market, the need for automakers to move metal, and some sizable government and automaker incentives are making it easier for buyers — who have the money and the credit — to make a deal.
Auto experts caution that while a reliable used car used to give buyers the most bang for the buck, that might not be the case today. “New cars with the compelling incentives being offered are, in a lot of ways, a better value,” says Jack Nerad, executive editorial director of Kelley Blue Book, in Irvine, Calif.
But no one wants to leave any money on the table. So if you’re buying now, here are 10 tips to help drive away with the best deal:
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