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How low can you go? Buying second hand cars

Published: 8:44PM Wednesday September 16, 2009 Source: Fair Go

Reporter: Ruwani Perera

Haggling isn't something many of us feel comfortable doing in New Zealand - these tips might help you negotiate a good deal next time you're buying a second hand car.

Tip 1: Get your finance in place before choosing your car, this saves time as you know exactly which vehicles you can or can't afford.

Tip 2: Whether it's a private sale or from a car dealer every car must have a warrant of fitness no more than one month old - registrations a bit different - that only legally has to be valid on the day of sale. Make sure you check - otherwise you could negotiate on it

Tip 3: A good time to buy is at the end of the month. Smaller dealerships especially are motivated to get the cars off the lot by the end of the month - in line with their accounting practises.

Tip 4: If you have a car to trade in don't mention the fact until you have negotiated a discount on the car you do want to buy - it might just give you some bargaining room.

And most importantly always remember to be friendly and polite - car dealers are perfectly entitled to stick to their listed prices.

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