🚗Clearly communicate your desired monthly payment to the salesperson.
💰Be prepared to negotiate the down payment to get the desired monthly payment.
📝Make sure to read and understand the terms of the finance contract.
💡Ask questions and gather as much information as possible before making a decision.
💸Consider the total cost of the vehicle, including interest and fees, when evaluating the payment terms.
Should I reveal my desired monthly payment to the salesperson?
—Yes, clearly communicate your desired monthly payment to the salesperson to ensure they understand your budget.
Can I negotiate the down payment?
—Yes, you can negotiate the down payment to adjust the monthly payment to meet your budget.
What should I do before signing a finance contract?
—Read and understand the terms of the finance contract, including interest rates and any additional fees.
What questions should I ask during the negotiation process?
—Ask about the total cost of the vehicle, financing options, and any incentives or discounts available.
How should I evaluate the payment terms?
—Consider the total cost of the vehicle, including interest and fees, to ensure the payment terms are reasonable.
00:00Introducing negotiation strategies for car payments.
00:24Clearly communicate your desired monthly payment to the salesperson.
01:38Be prepared to negotiate the down payment to get the desired monthly payment.
03:02Read and understand the terms of the finance contract.
04:20Ask questions and gather as much information as possible before making a decision.
07:03Consider the total cost of the vehicle, including interest and fees, when evaluating the payment terms.
