You donāt need to spend an entire day at a car dealership to buy your next car. Weāll help you learn how to buy a car over email with some general steps and give you six things to include in your email to the dealer.
Does this work? Yes, it absolutely can! If you could keep your sanity by securing a great deal without the endless haggling before you even step foot into the dealership, why wouldn’t you give it a shot?
Your actual experience buying a car this way will be unique. This is a general guide to introduce you to negotiating for a car over email. Letās get started:
- Take a look at your finances. First things, first ā you need to set your own financial limits. Check your personal budget to figure out how much car you can afford and how much you have for a down payment. This will help narrow your search for a make/model.
- Figure out what kind of car you want. Now that you have a price range, start looking for makes and models that you want, along with any options. If you’re confused by window sticker lingo, we’ve demystified that for you. Just remember, you may have to live with this car for some years ahead, so finding a car you want may be more important than the deal you get. Youāre going to spend many commutes sitting in that driverās seat …
- Test drive your chosen makes and models. Find the most convenient dealers for you to do this. Make it clear youāre just there to test drive and are still considering several different cars. Itās the sales staffās job to close the deal, right then and there. Be firm that youāre not ready to buy today and walk away when youāre done. This is all about narrowing your focus to the car youāll eventually buy.
- Research figures. Head to sites like KBB or Edmunds to get an idea of what people are paying for your car. You should be able to get a decent ballpark figure. Make sure youāre putting in the details for the exact car you want to buy, including options. Research the costs with and without options so you have everything in case the dealers donāt have those options.
- Get financing. If you need financing, get approved for a loan by your bank. Some banks will give you a āblank checkā up to an agreed upon limit. This is so you can go to the dealership and essentially do a cash deal. You can always get financing at the dealership if they have a better deal. Itās always better to be prepared.
- Send āthe email.ā Find all of the dealers within a reasonable distance that sell the car youāre after. Many will have their inventory online, including color, the color of the seats, options etc. Send their sales team an email. Let them know:
- Youāve picked out a specific car and model and youāve already done a test drive.
- Youāre ready to buy right now.
- Any deal is contingent upon a satisfactory test drive of the actual car youāre buying.
- That youāre preapproved for financing, but you can go through the dealer if they have a similar or better rate.
- You want their best out-the-door, all-inclusive final price (make sure it includes taxes and fees), and give them 24 hours to respond.
- You want a copy of the window sticker and VIN number before you give a deposit via credit card to secure the car (you’ll want to confirm they actually have the car in stock).
- Line up your insurance. Before you head to the dealership to buy your car, touch base with your insurer and let them know youāll be purchasing a new vehicle. You’ll want to work something out with your agent or customer service representative to ensure that if you do ink the deal, you can insure your new car before you leave the lot. If you have the VIN, make and model, your agent or rep may be able to get started on some of the changes. This may also be a good time to update your policy. Here’s a helpful list of insurance terms to know.
And that’s it! Itās important to know that not all dealers will respond to your email. And some of them will be hesitant to give you an out-the-door price ⦠theyāll just assume youāll take it and try to get a better deal elsewhere. But, dealers still have to move metal. You should be able to get more than a few to play ball and save yourself a lot of time.