Sunday, October 26, 2008

Edmonds.com Saves You Thousands of Dollars With FREE Pricing Tool

With all the free tools we have on the internet like edmonds.com, there is absolutely no reason for you to walk into a dealership without being 100% informed on the value of the vehicle you are looking for.

edmonds.com’s vehicle guide allows you to find out what others have paid in your region for the exact car you are looking for. This places the dealers on the backseat to compete for your business. Trust me, it is much easier to haggle with a dealer knowing you can delete his email or hang up the phone if they are rude or too pushy. They know this, they don’t like it, but they can’t do anything about it. Lets face it, this is the information age and a new way of buying cars has emerged.

When you go to the site, here are some tips and terminology you will want to be aware of:

  1. Enter the make and model.
  2. Your first benchmark is the national base price. Be sure to also take note of both the MSRP & Invoice price.
  3. You can then add the options you would like to get a better feel for pricing that suits your style and needs.
  4. Next you will see a very important number. The "TMV" or True Market Value. This value is extremely important because it is calculated based on what others have paid for similar cars in the region you selected.
  5. The Final and most important step is having the dealers compete for your business by getting dealer quotes. This is an automated process, and helps kick start negotiations by email and/or over the phone.
Don’t suffer in the lobby of a dealership ever again. So head on over to edmonds.com and remember – “Why pay full price for anything on the web.”

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