Legitimacy of Online Quotes for New Car Prices Questioned
Approximately twenty years ago, finding out a car’s market value requires a very tedious process. A seller or a buyer had to they gather weekly publication and browse through the classified. After gathering enough information, they hop around from one dealer to another in order to learn of each establishment’s prices. And if they do not like the value they are offering, they will try to fight to get a better deal. It will take much time on the negotiation table. What makes matters worse, the only basis they have as to its market value is the price that regional dealers offer. This is without knowing whether it was the best deal available. The only way to know for certain is to call someone from another place and ask about the value they received for the same car or drives miles just to inquire about it in another dealership. It takes a lot of time and effort.
But this generation has made it more convenient for car buyers to gather information regarding cars that they are interested in. With the advent of the internet, buyers can now be as knowledgeable as the dealers when it comes to car matter, like the Edmunds Car Review. This includes information regarding car costs, car financing, and profit margin for dealers, hold-backs, and things that they try to entice buyers. Buyers are now able to get behind the wheel with the knowledge regarding the best deals.
There are various blue book guide like NADA Blue Book or Kelley Blue Book who can provide you an estimated Blue Book value for your car. You can read more about NADA Blue Book and Kelley Blue Book here. Moreover, you can also consider for Edmunds car review, another vital tool for knowing the reviews of the experts.
But the question that hangs in the balance is the legitimacy of this information that we see in the internet. The answer to the question and all others related question is, POSSIBLY.
Here is the thing regarding all car shopping sites, most of them are just lead aggregators. And this generation’s technology has made it possible for sites to create model specifics, builders of new cars, and make an almost accurate estimate price of a car. Then they invite potential visitors to their sites and subtly collect their information that they submit it to their database. The information gathered is then sold to firms which concerns advertising and marketing.
You may ask how they are able to collect the information without the guest knowing. It is quite simple really. All they have to do is entice you into using their tools. It is subtle way of gathering information.
So, what precaution can a buyer do in order to avoid this subtle invasion of privacy? The solution is very basic. Do not enter any pertinent information on websites that you do not trust. So, it might be wise to visit only websites which you have trusted for a long time to ascertain avoidance of temptation.
But you do not have to worry because the car industry has many websites that can be trusted and these can be categorized into two: Dealer Lead Suppliers and Consumer Negotiation Advocates.
Dealer Lead Suppliers are websites which are created by car manufacturers, dealers, and sites which include Autobytel.com and NewCars.com just to name a few. These are websites which give its readers a bulk of information that they feel are important. Websites such as Edmunds, NADA Blue Book and Kelley Blue Book are saturated with information which includes model specifications, options for a car’s trim and color to name a few. TrueCar on the other hand provides their guests car prices based on real time across the nation. They continually change their prices as it changes in the market. This kind of gig has its own hidden agenda. The creators of the site are trying to entice its readers to fill up a purchase form and but one from them. Again, a subtle way of gaining profit that may have been proven to be successful.
A completed online purchase form is the only goal of Dealer Lead Suppliers and they use the give the information to local dealers. Once you complete a form, you should expect several calls from regional dealership offices.
The Consumer Negotiation Advocates operates under a different system. But there are similar with regards to strategy where they provide pertinent information for buyers to look at. Its ultimate goal is still getting a purchase form filled up. However, their way of using the information collected is different. Most of the time, they give it to car brokers who will be the buyer’s representative all throughout the process. They will be the ones who will be negotiating with the dealer of choice. They will use different strategies in order to come up with a lower number. As the name suggests, they are the buyer’s advocate with regards to bringing the price down.
On the brighter side, online information may be more accurate than those which existed prior to its existence. All you have to do is be careful and consider two things: Would you like calls from manufacturers and deal with them yourself or do you want professional representation. Once you have chosen, the ensuing process becomes easier.
We will always recommend you to consult NADA Blue Book for a good Blue Book value when buying or selling a car. Search for NADA Blue Book on Google to find the suggested Blue Book Value for your car. Check NADA car value on their website or refer to Kelley Blue Book for more information. NADA car value is usually considered to be higher than other blue book guide like Kelley Blue Book due to the various factors involved. NADA car value works best when buying a new vehicle as it does not considers the actual condition of the vehicle. You can find more information regarding NADA Blue Book or Kelley Blue Book on Google for more information. Even Edmunds car review can really help you finding a good car, based upon the reviews given by professionals.