Purchasing a new car is the largest investment most of you will ever make, second only to buying of a home. This means, buying a brand-new ride definitely isn’t light on the pocket. To get the best price on a new car with the latest features and technologies requires you to maximize available incentives. If you are looking for a new car, keep reading this guide to maximize yours.

Finding the Best Car Incentives

It is important to remember that there are three types of incentives: (1) incentives specific to the car you select, (2) incentives specific to you (loyalty or conquest offers based on what you own or drive) and (3) affinity incentives. There are over 1,000 different Affinity incentives offered by companies to select groups (Military — active and retired), members (Coscto, Sam’s, USAA) and employees (Comcast, Google) as benefits.

The best place to start is at a manufacturers site’s shopping tools where you’ll be asked to enter a zip codes (incentives are regionalized) to see incentives offered for the new car or truck you are interested in. Here you’ll find the vehicle incentives (consumer rebates, special finance and/or lease terms) and loyalty (if you own or drive the same product) and conquest (if you own or drive products targeted). When it comes to Affinity incentives, which can be anywhere from $500 to $2,000 or more, you’ll need to do some research. Check with your membership clubs (Costco & Sam?s), employer HR portal (GM and/or Ford Supplier plans), lenders (banks, credit unions) and credit card companies.

The challenge from here is getting clarity on all the incentives available to you on a select car. Dealers want to retain control over pricing until they get you into the dealership, so answers are usually hard to come by. It’s not their fault as manufacturers add complexity to your purchase by offering so many different incentives, not all of which are compatible, on the same model. Start with the vehicle you want to buy and then dig into to identify your best mix of incentives.

Tips to Get the Best Car Incentives

To get the best car incentives as possible requires thorough research beforehand and a few simple tips:

• Negotiate the Price of the Car Before ?
• Never begin talking about incentives, until you have negotiated the final price of the car you are planning to buy. This way, you can lower the costs by negotiation, then further drive the total cost low by leveraging amazing incentives.
• Research for Multiple Manufacturers ?
• Some makers of vehicles may offer better incentives as compared to others. To ensure you get only the best incentives, consider looking at different cars from different brands.
• Work a Cash Deal ?
• Oftentimes, when you plan to purchase a new car, you need to plan the financing beforehand. However, if your finances allow it, always work a cash deal out, as dealers will often lower the sales price with more cash up front.
• Purchase at the End of The Calendar Month ?
• Dealers are often pressurized into selling the remaining cars left in their garage, as the end of the month gets closer. If they have too much inventory, they are more likely to move their stock quickly and offer amazing incentives.

So, now that you are familiar with the tips mentioned above, finding and obtaining the best incentives for new cars won’t be a problem.

reposting from http://vinadvisor.net
not written by me