Buying a new or used car usually brings some type of financial burden, I know for our family it has always put a dent in the budget for a bit. Since we have purchased two used cars in the last year, we are already looking into ways to save on our next purchase.
There are multiple ways you can save money when shopping for a new or used car and we are now prepared when we are on the hunt next time.
Credit Card Points
Look into opening a credit card that offers you are rewards or points when you use it towards your next vehicle purchase.
Visit dealership sites in your area and see if they are currently running any promotions. I recently learned that Memorial Weekend is one of the best weekends to purchase a used car, so watch websites for those types of sales.
Check if the dealership you are working with offers discounts to any special programs like a military and veteran discount, ALOA Security Professionals Association members, Associated Builders and Contractors, Inc., Dairy Farmers of America (DFA) and many more like these offered at Len Stoler Dodge Chrysler in Maryland.
Trade In Vehicle
If you have a vehicle that you can trade in towards the purchase of your new vehicle, see how much the dealership will give you for it.
Check if the dealership has any featured inventory that they are selling at a reduced price. These types of discounts can save you thousands.
Believe it or not, there are dealerships that have coupons available on their website that you can use towards a new car purchase. Most coupons are only for $500 or less off your vehicle purchase however that often will cover the title and licensing as well as part of the taxes.
Of course, in addition to these ideas, you can also sit down with your dealer and check for any manufacturer offers or dealership specials they may have as well.