10 Steps to Buying a New Car Step 4: Getting the Best New Car Price
There are two ways to get a good price on your next new car. The first is to utilize Autotropolis’ True Internet Price™ (TIP) service. The TIP service will provide you with competitive new car price quotes from dealerships in your area. There is no obligation to buy and the service is completely risk-free. The second option is to use Autotropolis to carefully research prices and options and then negotiate with a dealer on the final dollar amount.
Let us review a little terminology before we get into more detail. The "MSRP" of a car is the Manufacturer’s Suggested Retail Price. The MSRP will be the same from dealer-to-dealer on the same make and model with the same options. The MSRP must be displayed on each vehicle for sale and is pre-determined by the manufacturer. The dealership cannot alter the MSRP; however, dealers can mark-up or discount the MSRP.
Remember, buyers rarely have to pay full MSRP. There is some negotiating room built into this price. To find the price you will want to pay, start using Autotropolis to discover the actual market value of the car you intend on purchasing. Autotropolis can guide you through the maze of holdbacks, invoice prices, and other fees and discounts available. You can also use Autotropolis’ TIP quote service, which will reveal the actual market price of the car you want to buy in a few easy steps. The prices provided by our TIP new car quote service are not “best guess” prices like those that some car buying sites provide, but instead actual offers from motivated dealerships in your area. Moreover, because you are dealing directly with the Internet sales department, the price you get through our TIP service will probably be the dealership’s rock-bottom offer. Be aware that the prices advertised directly by car dealers will likely reflect any incentives or discounts.
Now that you have narrowed down the list to a few good cars and have pricing information in hand -- complete with information on incentives and rebates -- it is time to go out and test drive those cars.
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