The spooky season of Halloween is all about trick or treat. However, the car buying process seems more like a trick than a treat if you do not take the right steps. The year 2020 has presented many challenges to the auto industry, right from production, low sales to delays in the launch of new models. But, for a car buyer, there could not be a better time than this for buying a vehicle.
Carmakers are ready to optimize on high sales, especially at times such as Halloween and Thanksgiving. So, if you play your cards right, you can get a sweet car deal that would surely be a Halloween treat for you and your family.
Make Buying a Car a Treat and not a Trick!
The following points will help you to get the best Halloween car deal.
1. Avoid the Ghoulish Long Term
Many auto dealers and lenders will urge you to opt for a very long term on your auto loan. Anything above 72 months forces you to pay a higher interest amount. Instead, try to stick to 60 months because it will make you debt-free early. You can even obtain a good resale value on your car with a shorter auto loan term. Therefore, avoid the ghoulishly long auto loan term while buying a car during October.
2. Steer Clear of Spooky Hidden Charges
A car price may be presented to you differently when you shop versus when you sit down to close the deal. Make sure you understand all the charges towards add-ons, insurance, loan fees, taxes, etc. Any hidden charges will cause you to rework your budget and finances. Include any extra charges to your calculations before you apply for a pre-approved auto loan. Thus, be prepared in advance so that you do not get a spooky jump scare while closing your car deal during Halloween.
3. Don’t Get Scared of Prices, Negotiate Your Way
For many people, the process of negotiation may seem like a difficult task. But fret not. Negotiating for the price that you deserve will not be scary if you plan it right. Take the help of online portals to calculate the expected auto loan amount. Also, shop at various dealerships to ensure that you get the lowest price and the maximum benefits when you buy a car on Halloween.
Scary Season, Great Car Deal!
Make the most of festive times like Halloween. Ensure that you not only have a good time with your friends and family but also purchase a new car at low prices! Do your researches, improve your credit score, and be informed of the ongoing promotions at the dealership lot to strike a sweet car deal during Halloween.