Win a year of free pizza at PizzaExpress

Always expect to receive a discount. If you go into a buying situation not expecting to receive a discount, you will not get one. Be positive and you’ll be amazed how easy it is when you ask the right questions.
Tip 1
Build rapport but do not make a friend. Blunt or aggressive negotiation will
not work. Rarely does a car seller need your purchase so badly that they
will tolerate rudeness. Chat to them and be warm whilst looking at the car.
But do not get too friendly or feel sorry for the seller because you want to
get a good deal.
Tip 2
Ask for a discount without being embarrassed. Tell the sales person: "I would
love to buy this car, but my wife/husband will go nuts if I pay this price.
What can you do to help me?"
It does not necessarily matter if your partner does not mind what you pay - or even that you do not have a partner. This is called using higher authority. It means that you can remain on good terms with the seller, but still push for a better deal. It makes the seller more inclined to move on price.
Tip 3
Never accept the first offer. It makes the salesman think he has offered too
much - but he still has more discount to give. Whatever they offer say,
"that helps, but I'm still not sure I could face my partner."
Or: “Surely you can do better than that?”
Tip 4
Use the power of silence. If the salesman makes you an offer, or you have
asked him to improve his offer, resist the temptation to speak. Just wait.
For several minutes if necessary. The silence will be painful for you, but
more painful for the salesman. Eventually he will crack and start to offer
you 'sweeteners' to close the deal.
Tip 5
Know your prices. When dealing with garages, make sure you know what’s on
offer at other garages in the area. Many will match the offers of their
competitors, so you just have to ask, “Will you match your competitor’s
prices?” The Times Online Car Locator and Car Data Search will be invaluable
in helping you know your prices.
Tip 6
Ask garages for added value. If you have exhausted the potential discount
options, ask the garage for bonus items. For example say, “the stereo’s not
very good and all the mats need replacing.”
Tip 7
Let go of the emotion. It is hard not to be excited when buying a car. But you
need to let go or you will not be able to negotiate the best deal. Always
tell yourself: ‘There will be another car that is just as good or maybe even
better’.
Tip 8
Ask questions in garages:
"How’s business?"
If it is good, say: “Oh well, I was hoping to get a deal, but I’ll leave it.”
If it is bad, say: “Well, if I can get the right price, you might get a sale
today.”
"How can you help me get the price down?"
"When will there be a special offer on? I can come back."
"Who has the authority to make decisions on discounts?"
Ask questions of private sellers:
"Why do you want to sell?"
"How quickly do you want to sell?"
"What can you do on the price please?"
Tip 9
Start low and concede reluctantly. If you can afford £5,000, offer less so
that you have room to move. If they baulk at your offer, stay calm and ask:
“What would you accept?” Then, pretend to baulk yourself, perhaps even
wince. And make another offer.
Tip 10
If a seller thinks you are friendly but savvy, they will tell you the truth.
So find a useful fact from the Times Online Car Clinic to use as a question
- even though you will know the answer. For example: “Should the car have
had a cam belt change?“
You will be able to tell how trustworthy they are by the answer they give. Do not act smart and say: “This car should have had its cam belt changed by now.”
This will put the seller's back up and they will not tell you the useful information you need.
Tip 11
Avoid splitting the difference, or meeting in the middle. If you offer to
split the difference the sales person will split it again, which means you
have moved 75 per cent of the way towards their price and they have only
moved 25 per cent towards you.
If the sales person offers to split the difference, say: “I cannot do that, but I’ll meet you half way between my offer and the offer you just made.”
CLOSING THE DEAL
After the negotiation:
- Pay a deposit of £50 - £100 and get a written receipt, stating the price, car details and seller’s particulars
When you return to collect the car:
- Pay the balance by bank cheque (simply ask your bank for a bank cheque to
buy a car)
- Ensure you have the V5 log book (filled out by the seller to confirm the
sale) and a bill of sale before you drive away