Buyers Guide for a New Cheap Car

A new cheap car is not a misnomer. You don’t have to go to the junk yard to find a vehicle that will fit into your lean budget. You can drive the car of your dreams even with a pretty thin wallet if you follow the advice in this article.

If you decide to lease a car, your monthly payments will be about 60 percent of what you would have been paying if you had bought it straight out. And, this gives you an opportunity to get a new car every three years. If you are going the lease route, consider taking the lease off someone else’s hands – they’ll usually chip in on the monthly payments.

The next piece of advice I have is to consider buying last year’s model. You’ll still get a new car, but it won’t be the newest version. Every September, the manufacturers send in the next years model. But dealers still have the current – and sometimes even the past – year’s models on the lot. They are eager to get rid of these cars to make way for the new and will often give you a good deal.

Arm yourself with the facts. If you know how low the dealer can go, you will have an edge in the negotiations. Remember that the salesman has a bottom line that he cannot go below.

Unlike dealers, manufacturers can be more generous with their rebates and other incentives. Look for cash back, low financing rates, and other features the head office offers to move their vehicles.

What is better than cheap? Free! There are ways you can drive a car for free. You have to be willing to have your car wrapped in advertising. You can either drive your own late model car for a stipend or get a new car for nothing. This plan usually works best in college towns and big cities.

If you want a new vehicle on a trim budget don’t despair. This article showed you some ways to get a new cheap car.

If you are looking for a cool new cars, I suggest you head on over to Edmunds.com for some great shopping. You are welcome to reprint this article – but get your own unique content version here.