Clark Howard Buying A New Car -

When talking to a salesperson, avoid revealing information that could weaken your leverage:

Do mention you have financing already lined up until the very end. clark howard buying a new car

Don't mention paying in cash too early, as dealers often make more profit on financing and may be less willing to negotiate the sale price if they know they won't get that kickback. Maintenance & Longevity When talking to a salesperson, avoid revealing information

For money expert Clark Howard, buying a new car should be a transparent and honest transaction rather than a high-pressure negotiation . His core philosophy is to do your homework ahead of time to avoid common dealership pitfalls. Clark's Key Rules for Buying New His core philosophy is to do your homework

: Only buy new if you plan to keep the vehicle for at least 10 years. Because new cars depreciate so rapidly in the first few years, keeping them for a decade or more is the only way to make the math work in your favor.