Educational Series, Part 3 - Saving Money on a New Vehicle Purchase

Educational Series:  Tips for Buying a New Vehicle

Part 3 – Saving Money on a New Vehicle Purchase

The SVG Motors Auto Group family of dealerships is committed to providing Superior Value on every vehicle purchase. Value means more than a good price, though. Value means you get true, tangible benefits from our Superior Value Guarantee such as 3 years of free oil changes, one year of free paintless dent removal, and more. Bringing our customers value also means providing them with facts and sharing our automotive knowledge. We work hard to educate you so that even if you don’t buy your vehicle from an SVG dealership, you’ll have received an insider’s view on how the automotive world works so that you know how to negotiate a fair deal when buying your next vehicle.

Of course we certainly do want you to be our customer, so we invite you to check out any one of our six locations when you’re shopping for your next vehicle. Since a new car, truck, or van purchase is a major investment for most people, we’ve put together a list of some of the best tips you can use when it’s time for a new vehicle to ensure you’re getting the best value. This series of tips will be presented over the next few weeks, so be sure to check back often for more Vehicle Buying Tips.

Ways to Save on your New Vehicle Purchase

You’re ready to buy a brand-new vehicle, and if you’ve followed the steps in parts 1 and 2 of our Educational Series you know what you can afford. Your next step is to figure out how to get the best value. Keep in mind that value is greater than price. Two vehicles that have the exact same price may not have the same value. At SVG Motors, our goal is to give our customers Superior Value! It’s even in our business name – Superior Value Guarantee! If you find two vehicles that are priced comparably, make sure to find out what valuable benefits the dealership is willing to provide. At SVG, you will always get a seven-day return policy, 3 years of free oil changes, one full year of paintless dent repair, and so many other tangible benefits that other dealers can’t or don’t offer. With that being said, let’s dive into ways for you to save on your new vehicle purchase.

1.) Make sure to check all available incentives and rebates. If you don’t have your heart set on a specific make or model of vehicle, a quick check of available incentives and rebates might help you make your decision.Check for GM incentives here. Click here to see what offers are available for Chrysler, Dodge, Jeep and Ram vehicles.

 

2.) Being flexible can benefit you. If you do have your heart set on a specific color, model, make or feature, you’re more likely to pay more to get that “thing”. Being open to different options, colors or features means that you may find a better deal on something similar.

 

3.) If you’re not hung up on having a 2019 vehicle, check to see if there are hold-over 2018 models on the lot. Chances are, these hold-over vehicles will have significant discounts, even though they’re still brand new with full factory warranties!

 

4.) Consider getting an extended warranty. While having an extended warranty will add to the overall cost of your vehicle, it can save you money in the long run in the event you need repairs that aren’t covered under the factory warranty. For example, I will relate a personal story of my own that is 100% true. A few years ago, I bought a new car and declined to buy the tire warranty. Within one month of having the vehicle, a nail found its way into the right rear tire. The tire could not be repaired because it was a run-flat type. The factory warranty didn’t cover road hazards (which meant I was on my own to replace the tire). The cost was $360 to replace it and it took a few weeks because the tire size and type wasn’t common. Exactly one week after forking out $360 for the tire to be replaced, a second nail found its way into the brand new tire that had just been replaced, so the whole repair/wait process had to be repeated. Yes, that’s nearly $1000 in replacement cost for one tire in one month. The tire warranty would have covered both replacements in full. That warranty is looking better by the minute, isn’t it?

Categories: News