Thanks to oversupply and stocktakes, EOFY is one of the best times to buy a new car. Here are 3 proven tips and tricks to rely on, along with some of the most common pitfalls to avoid.
1 – Plan ahead
EOFY deals are only on the table until July 1. After that, it’s business as usual, so take the time to do your research and sort out your finance before you hit the showrooms. That way, you’ve got time to consider multiple options without succumbing to the pressure last minute buying can bring. It’s also worth remembering that delivery on new cars can take up to 6 weeks, so getting started sooner rather than later is always a good idea.
2 – Don’t be afraid to bargain
Dealers are in the game to make money, so it pays to remember that as great as that EOFY offer seems, it still contains a built-in margin. With that in mind, don’t be afraid to ask for an even bigger discount. If your dealer can’t (or won’t) go down on price, see which optional extras they’re prepared to throw in to sweeten the deal. Conversely, you can also ask about which optional extras they’d be prepared to discard to bring your costs down.
3 – Read the fine print
Some deals look great on the surface, but when you get down to the details, they don’t always stack up. To ensure you’re not getting taken for a ride, take the time to read the fine print and don’t let slick sales talk lead you astray. Pay particular attention to delivery costs and finance deals and ensure any ‘additional extras’ aren’t reflected in the ultimate purchase price.
Work with the experts
With fleet buying power and financial savvy on our side, we can help you find the EOFY deal that’s the perfect fit for your budget and your lifestyle. We know all the tax time tips that’ll ensure you get maximum bang for your buck and have access to deals you won’t get as an individual buyer. To find out more, get in touch with us today.