Cars

How to Find the Best SUV Deal: 15 Savvy Tips for Buyers

April 15, 2024
Written by: Aharon levi

How to Find the Best SUV Deal: 15 Savvy Tips for Buyers

Are you in the market for a new SUV? Whether you’re looking for a compact city cruiser or a spacious family hauler, everyone loves getting the best deal possible. Here’s a curated list of 15 tips to ensure you drive away with the best SUV for your buck!

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  • Establish Your Needs and Wants: Before diving into the market, make a list of what you need from your SUV. How many seats? Four-wheel drive? High towing capacity? Knowing what you want helps you avoid paying for unnecessary features.

  • Set a Budget: Determine what you can afford before you begin. Consider not only the price of the vehicle but also insurance, taxes, and potential loan interest.

  • Research! Research! Research!: Knowledge is power. Read reviews, watch comparison videos, and scour forums. The more informed you are, the better your bargaining position.

  • Check Manufacturer Incentives: Many automakers offer cash rebates, low-interest financing, or lease deals. These promotions can vary by region, so be sure to check the manufacturer’s website for current offers in your area.

  • Shop at the Right Time: Dealerships are often more willing to negotiate at the end of the month, quarter, or year when they’re trying to meet sales goals.

  • Use Online Price Tools: Websites like Kelley Blue Book, TrueCar, and Edmunds can give you an idea of what others are paying for the same vehicle in your area.

  • Email Multiple Dealerships: Getting price quotes from various dealerships allows you to compare and can serve as a negotiation tool.

  • Consider Pre-Owned: Certified pre-owned (CPO) SUVs undergo rigorous inspections and often come with extended warranties. They can be a great way to get a nearly-new SUV for thousands less.

  • Inspect Trade-in Values: If you’re trading in an old vehicle, know its value. Use tools like Kelley Blue Book or NADA to get an estimate.

  • Test Drive More than One Model: Even if you’re set on a specific model, driving competitors might surprise you – or reaffirm your original choice.

  • Negotiate Online: Some people find it easier to negotiate by email rather than face-to-face. This also gives you a written record of any promises made.

  • Watch Out for Add-ons: Some dealerships will try to add extras like extended warranties, fabric protection, or rust-proofing. These can be overpriced, so always review and decide if they’re worth it.

  • Consider Financing Options: Sometimes, dealer-offered financing isn’t the best. Check with credit unions, banks, or online lenders to see if you can get a better rate.

  • Review the Contract: Before signing, review every detail. Ensure all the numbers match what you’ve agreed upon and that there aren’t any unexpected fees.

  • Stay Patient: Remember, you’re in control. If you’re not happy with the deal, be prepared to walk away. Sometimes, this can even result in the dealer making a last-minute better offer.

In the quest for the best SUV deal, remember that the cheapest option isn’t always the best. It’s about finding the right balance between what you want, what you need, and what you can afford. Safe driving!