The ultimate secret to getting the best deal on a car purchase can be summed up in two words: Don't negotiate. It goes against traditional auto purchasing guidance, but this is the advice recommended by Gregg Fidan, car buying expert and founder of RealCarTips.com. "Anytime I hear a so-called expert telling car buyers to negotiate at a dealership, I cringe," says Fidan. "They obviously haven't done real-world testing."
Fidan should know, since he spent four years researching every aspect of the car-buying process, including doing a stint as a professional car negotiator, all in an effort to discover the best methods of saving money.
"Negotiating a car purchase creates a lot of stress and anxiety, but the irony is that there really is an easy process that practically guarantees the best price without having to negotiate or even step foot in a dealership," says Fidan. "You just have to know how the system works and follow a few simple directions."
Fidan continues, "Each year, Americans miss out on over $33 billion worth of savings when buying a car -- and that's using conservative figures. Furthermore, millions of car shoppers waste countless hours schlepping from dealer to dealer when they could be closing the deal from the comfort of their home, in a fraction of the time."
Fidan's obsession with car buying began after he was ripped off on his first new car purchase. He was curious to know if there was a simple "hack" for car buying -- a foolproof way to guarantee the best deal every time, and without having to be the best negotiator.
"I studied just about everything that's been published in regards to the car-buying process, including 43 books, hundreds of trade publications, consumer magazines, research papers, and even sales training manuals," says Fidan. "I not only studied this subject in-depth, but I also tested everything in the real world as a professional car negotiator."
Fidan spent the last year writing a complete how-to guide for extreme savers. It includes the most important things to know about buying a new or used car, including information on leasing, financing, trade-ins, warranties, car insurance and dealer scams. In book form, the guide spans more than 400 pages; however, to save readers time and money, Fidan released the book in an online format on the Real Car Tips website.
Fidan defines extreme savers as those who are passionate about saving money. He estimates they can save an extra $5,000 compared to the average car buyer. "Over a lifetime of car shopping, it's possible to save hundreds of thousands of dollars," Fidan says. "The ability to save money when buying a car is one of the most important personal finance skills one can have."
Fidan pitches three important focal points for those shopping for a vehicle: time the purchase to take advantage of supply/demand fluctuations and dealer sales cycles; learn how to comparison-shop all five parts of a typical car purchase, including price, trade-in, financing, add-ons, and insurance; and choose vehicles with low ownership costs compared to the competition.
The complete and complimentary guide is available at http://www.realcartips.com/guide. Gregg also offers a free weekly email newsletter keeping his readers updated on the best car deals and buying tactics.
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