Common Car Buying Myths

Sep 6, 2018

Here at Classic Toyota, we know that you want to save when you’re shopping for a new car. Maybe you logged onto the internet and looked up “How do I save on a car?” right after “Toyota dealer near me.” Unfortunately, some of those car buying tips you’ve found online aren’t actually that helpful. We can debunk those car buying myths and show you how to really save.

Some drivers think that paying cash is the best way to get the price of a car reduced. These days that doesn’t work as often. Not only could you not receive a discount, you may also miss out on some financing offers. On that same note, that’s why it’s not always best to bring in your own financing. Our dealership works with a number of partners that can help you get the best loan offer. Ignoring our financing options could actually cost you.
Another common myth is that you should “hide” your trade-in. Pick out the new Toyota car you like, say you want to buy it, and then bring up the trade-in right at the end of the negotiations. Unfortunately, this doesn’t do anything to reduce your price. You’re better off valuing your trade-in and then bringing it up right away. Knowing how much you’ll get for your trade-in can help you budget and see just how much car you can afford. Springing a trade-in on your dealer won’t really help and could just end up adding time to the car buying process.

Ignore those common car buying myths and come find a dependable vehicle you’ll love at our Toyota dealership serving Gurnee, IL. Whether you’re looking for a pre-owned crossover or a new sedan, our expert dealers will help you find something that fits into your budget. We hope to see you soon!