Tips to get the best deal on your next car purchase -

How to get the best deal on your next car purchase

Before you turn the key and rev the engine of a new car, there are a lot of hurdles to jump to ensure you scored the best deal.

We looked at different expert publications to compile a list of what you need to know to save money.

First up, prepare to pay more if you don't shop around and just settle for what's on the lot. If you don't shop around, you don't have leverage when it comes to negotiating price.

Also, experts say you may be focusing only on one brand or one model, when there are probably close to a dozen different cars that could fit your needs.

And don't settle for what you see on the car lot. Since you're making such a big purchase, you want to make sure you're getting what you pay for, not what the dealer wants to move off the lot.

Once you decide what car you want, make sure not to buy more than you need when it comes to size and unnecessary add-ons.

If you don't have kids or a ton of sports gear to lug around, you probably don't need a big truck or SUV, even if it is your top choice.

Same thing goes for add-ons. Are your choices of satellite radio, fabric protector or suped up wheels really necessary? Those choices can really add up if you aren't keeping track.

Next tip, although it should seem simple many buyers miss a major part of the purchasing experience. Don't skip the test drive.

Get behind the wheel and take the car on the roads you drive everyday. Pay attention to how it rides. Notice if the seat is comfortable, feel the radio controls and even look around and check the driver's visibility.

When you finally decide on what model you want, make sure you understand how much you can spend. Don't just focus on a monthly payment, and get ready to negotiate the sticker price.

That doesn't mean asking a salesperson to sell you a car for less than what it is priced.

You have to do your homework when it comes to the bottom line. Check online. What does the manufacturer say the car is worth? How much are other dealer's selling it for? Are there rebates available?

Also, if you'll be trading in your current car, make sure you research it's current value.

You should know how much you'll get for turning in the car you're driving before buying the car you want to drive away with.

Here's an insider's secret: Don't mention you'll be paying with cash up front.

Although it seems like a tough move, experts say showing you can pay the full price in cash may not get you the best deal.

Money can be made on financing, so dealers may not give you the best price if they know they won't be making money after the sale.

Your best move is to negotiate, settle on a price, then talk about how you will pay for it.

Copyright 2012 America Now. All rights reserved.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Six deadly foods for dogs

    Six deadly foods for dogs

    Every pet owner knows a dog can get into just about anything around the house. One woman found that out the hard way when her dog ate a bunch of grapes! Turns out, that's one of the most dangerous foods
    Every pet owner knows a dog can get into just about anything around the house. But these common snacks could be fatal for Fido.
  • Fugitive Friday: Central Virginia's Most Wanted

    Fugitive Friday: Central Virginia's Most Wanted

    Friday, August 29 2014 10:04 AM EDT2014-08-29 14:04:54 GMT
    Fugitive Fridays tracks down Central Virginia's most wanted. Take a look at the photos and see if you can help police track down these suspects.
    Fugitive Friday helps track down Central Virginia's Most Wanted.
  • Physicians warn against giving melatonin to children

    Physicians warn against giving melatonin to children

    Parents desperate to get their troubled sleepers to bed are turning to synthetic melatonin, which is a supplement sold over the counter. But expert warn it could have adverse effects on child development.
    Many adults turn to sleep aids like melatonin, but now more parents are giving them to their kids, too. We talked to physicians to see what they had to say about how it could affect your child's development.
Powered by WorldNow