Car Buy Myths Busted by St. Cloud Toyota

There isn't anyone out there who doesn't want to get the best deal when buying a new car.  This makes it easy for otherwise smart people to fall for outdated and simply untrue concepts about buying a car.  Your St Cloud Toyota dealer is always here to help you find the new or used vehicle in Waite Park, MN that is within your budget and fits your needs which is why we are debunking these popular car buying myths.

Bring Your Own Financing or Pay with Cash
The myth that you should bring your own financing or pay with cash suggests that you will get a better deal if you make a cash purchase or have financing outside of our Minnesota Toyota dealership that you are working with. This may be true in some cases, if you are part of a credit union or other institution that offers benefits to you, or you can get a special interest rate somewhere. However, the dealership may be able to work with you and may have an offer that is just as good. With cash you won't have interest to pay and that might be great if you can afford it.  But if you have to borrow from lines of credit or put yourself in a risky financial situation just to pay cash, it may not be worth it.  Do research and look for the financing plan that makes the most sense for you and your family not one based on a myth.

Forget the Dealer and Buy Your Car Online
The internet is a blessing and a curse and the myth that you should buy your car online is one that isn't beneficial.  While the internet can be a great place to start your car buying research, calculate your trade in, or apply for financing - our St. Cloud Toyota dealership is going to be the most knowledgeable in helping you find the car with the trim options and specs that you need at the price you want.  Internet companies that sell cars do so by negotiating with dealerships on your behalf for a certain car and price.  However, these online “dealerships” can't negotiate trade-in values or interest rates. Talking face to face with a sales person is the best way to negotiate the best deal.


Buy Your Car at the End of the Month
As with so many odd-ball myths, this one about buying your car at the end of the month probably started with the idea that dealerships have sales quotas to meet each month. While that may be true, it doesn't mean that suddenly on the last day of the month all of the cars are a lower price. Experienced sales people are continually working with customers each day to find them the car they want in the colors and trim that they desire with the goal of having happy customers. Lowering the price of a less than desirable vehicle on the last day of the month may mean that a customer walks away with a vehicle that they don't really love. That doesn't make anyone happy. It's smart to purchase a car at the time of the month when it makes the most financial and personal sense to you and you take the time to choose the one you really want.

Come see us at our Waite Park Toyota dealership and we'll help you buy your next new or used Toyota!

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