If you've bought a car, the process may seem confusing and complicated. You may have heard many stories about car-buying that have you somewhat apprehensive. At Riverhead Bay Volkswagen, we have a great selection of new and used Volkswagen vehicles, as well as many other makes and models, and are here to guide you throughout the car buying process. You can contact us or visit our dealership in Long Island for helpful information on buying a vehicle. Here are the top myths you may have heard about car buying.
Warranties cover everything. Contrary to what dealers may have you think, warranties do not cover every part of the vehicle and are only good for so long. Whether you're buying a new vehicle or a used one, it's important to read the fine print to know what you're getting.
Telling the dealer you are leasing rather than buying will lower the sticker price. Whether the driver wishes to buy or lease will have little bearing on the sticker price. Dealers have a specific number of how low they will go, and whether the vehicle is purchased or leased doesn't affect that number.
You get better financing with a bank rather than the dealership. Banks charge interest the same as dealerships. Dealerships may offer discounts not found with bank financing.
If you wait to mention a trade-in, you'll get a better price on a new car. All this generally accomplishes is to slow down the car buying process. Dealers have a bottom dollar price in mind for a certain vehicle before you even enter the lot.
Visit Riverhead Bay Volkswagen Today!
You'll get a better deal with cold hard cash. While this may have been true many years ago, it's not anymore. Many dealers prefer to work with loans. Getting pre-approved can be helpful. This is very true, especially if you have good credit. Knowing you're approved for a high dollar amount may make the dealer more willing to offer discounts, free or low-interest financing and extra bonuses. Contact us to learn more about our new and used inventories.