If you’ve ever spent an entire weekend car shopping, you know what a hassle it can be. Few car buyers enjoy dealing with a pushy car salesperson or visiting five different dealerships before finding a car you like.
Fortunately, it’s now possible to buy a new or used car entirely online. You can find your dream car, negotiate pricing, and work out the financing from the comfort of your own home.
10 Best Online Car Buying Sites
The ten best car buying sites listed below will simplify the car buying process for you.
Vroom is an online platform that allows you to purchase or sell a vehicle with ease. With thousands of options at your fingertips, you can effortlessly browse and find your dream car.
Tips for Buying a Car Online
If you’re looking to bypass the high-pressure sales tactics of a traditional car dealership and buy a car online, there are some things you should know. It’s important to understand these tips so you can find the best car deals when car shopping online.
1. Set a Budget
The first step is to determine how much you can afford to spend on a new car. Set your budget and stick to it. Don’t forget to include fuel, car insurance, down payment and other factors that contribute to purchase price and monthly payment of a car loan.
Your budget should also consider the interest rate you’re given and the interest you will pay since it has the biggest influence on your monthly payment and the overall cost. The higher your credit scores, the more competitive interest rates you’ll be offered.
2. Get Preapproved for a Loan
To get the best deal on a car loan, research your options and get preapproved by a lender before you start the online car shopping process. You don’t want to find the perfect car online, only to find out that you can’t get a loan for it. So, get preapproved. You can also use the preapproval as leverage when negotiating a deal.
3. Begin Your Research
Browse through some online car buying sites listed above and take the time to learn about the features they offer. Bookmark the sites you like the best.
Then, it’s time to start finding out as much as possible about the make, model, and options of that cars that you’re considering. From there, you can start to narrow down the cars that meet your goals and fit your price range.
To figure out what you should pay for a car, you can use the Kelley Blue Book values as a guide. Once you find the new or used car that you like, you can start comparing prices.
4. Consider a Test-Drive
After you’ve found the car you want to buy, if it’s possible, schedule a test-drive. Even if it’s not the exact car that you will be buying, visit a local dealership to test-drive one that is similar, so you’re certain that it’s the right car for you.
5. Get a Vehicle History Report
When it comes to vehicle history reports, CARFAX is the standard. A CARFAX report will tell you how many owners the used car has had and how many accidents the car has been in. Most dealerships offer these reports for free. However, if you’re dealing with a private seller, if they don’t have the CARFAX report, you may have to purchase the report for yourself.
6. Negotiate the Price
You’re ready to negotiate the price of the car. Always remember that you are in control, and if you don’t get the price you want, you can take your business elsewhere.
7. Sign and Drive
Once you’ve found the best deal, you’ll need to finalize the bill of sale, and sign any required financing paperwork. Then, you can pick up the keys and drive away in your new vehicle.
Remember to review the final contract carefully. Check all the numbers and ask for explanations of anything that looks questionable. You may also want to consider having a mechanic check the car over before you finalize the deal.