Buying Guides

How to negotiate a new car price

Dealers expect negotiation. A little preparation moves you from the passive end of the table to a position of strength.

In this article

  • Know the numbers
  • Negotiate the out-the-door price
  • Separate the pieces
3
dealer quotes worth gathering

Know the numbers

Look up the invoice price, current incentives and what others paid. Compare offers from several dealers by email.

ItemNegotiable?Tip
Vehicle priceYesCompare quotes
Trade-in valueYesGet outside offers
Dealer add-onsOftenAsk to remove
Documentation feeSometimesCompare dealers
Financing rateYesBring pre-approval

Costs are typical ranges. Check your own situation and local prices.

Negotiate the out-the-door price

Ask for one total that includes taxes and fees. This stops extra charges appearing at the end.

The calmest person at the table usually wins.

Separate the pieces

Settle the new car price first. Then discuss the trade-in and financing as separate items.

Step by step

  1. Email three dealers for quotes
  2. Arrive with a financing pre-approval
  3. Ask for the out-the-door total
  4. Be ready to walk away

Practical tip
Walking away is your strongest tool. Many deals improve after you leave the showroom.

Bottom line

Compare dealers by email and focus on one total price.

Specifications, prices and rules change. Confirm current details with the manufacturer or the relevant authority before you buy or repair.

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