Essential Factors to Keep In Mind When Buying A Stock Car


 Anyone in racing will reach a time when they will need to purchase a brand new stock car. It could be that your first race car was a swap-meet bargain or your friend’s hand-me-down. It was crucial for you during your early racing career, but now your game has gone several notches higher and you think it’s time you checked those stock cars for sale adverts with some seriousness.

 It might sound daunting but not for an informed buyer. So, how do you go about buying a brand new stock car? What are the factors that you need to consider? In this comprehensive guide, we reveal all the crucial details that the best Auckland stock cars should have. Read on to learn more. 


Do Your Research


They say knowledge is power and nowhere is this adage truer than when you want to buy a new stock car. Going to a car lot without enough info is a big mistake. Fortunately, the internet has placed the power of information into your hands. A site like Consumer Reports is great places for anyone looking for information about cars.


When checking stock cars for sale, you should be interested more in the invoice price as opposed to the MSRP. It is the amount that the dealer parted with when they acquired the car from the manufacturer. Arming yourself with this critical piece of information will help you a great deal at the time of negotiation. 


Look Into Pre-financing Options


A lot of people approach car dealerships to get financing, but this isn’t sound advice. That is because the interest rates they charge are typically higher compared to banks and other credit facilities. Your credit union or bank is the first place you want to go to when researching car loan interest rates. Also, they can offer you relationship discounts you can never get anywhere.


Obtain multiple quotes about car financing at online aggregator sites, for instance, Lending Tree. These sites compare up to 5 competing sites at one go. Also, use Credit Karma or checking your credit score and know roughly the interest rate you qualify for. In case your score is lower than what you would prefer, consider postponing your car purchase plans. Work on your credit rating and also pay any debts you have. 


When you obtain a quote from a financial institution or any other Auckland stock cars seller, make sure it is put in writing. This allows you to present it to the car dealership and use it for negotiating a lower interest rate.


Shop Around


You should always shop around before buying a new car unless it is an emergency. Over the years, I have found a rule that seems to work wonders when shopping for a car. I ensure that I walk out of one dealership or more when window shopping. This enables me to know their irreducible price which they tell me just before leaving.


Your search for stock cars for sale should also go out of the town of residence. Vehicle prices vary according to location.


Once you have chosen the vehicle you want, model, and even the right Auckland stock cars dealer to purchase it from make use of a reputable resource to obtain a correct estimate of what should be paid for your stock car. 


Buy a Car You Can Afford


In case you want to buy another stock car before you finish paying your current car loan, you will need to seriously reassess whether you can afford it or not. Otherwise, you will end up being saddled with a lopsided car loan. 


The best scenario would be to wait until you pay off your current loan. After that, you can put aside the money that previously went toward the payment of your car in an interest-earning account for a year while still driving your old car.


Assume that your car payment used to be $300 per month. Following this strategy will enable you to save over $3,600 a year, which you can use as a deposit for your new stock car. But never raid your emergency fund or savings to pay for a new car. Always purchase within your means. 


Don’t Reveal Your Special Discounts or Trade-In, If Any


Keep a tight lid on your plans in every process of car buying, more so when you’ve got a trade-in. You shouldn’t mention your trade-in until such a time that you are done with buying your car. Otherwise, the dealer may use the info against you.


Say, for example, that you want to buy a $23,000 car, and the rock-bottom price that the dealer offers for the car is $19,000. If you have a $2,000 worth trade-in, you might be offered the vehicle for $20,000. Factoring in the $2,000 trade-in, you should get your car for a purchase price of $18,000.


If you had kept your trade-in a secret, chances are that you could have bargained the price to $18,000 and only told the dealer of your trade-in at the last minute, which would have resulted in a purchase price of $16,000.


Our best advice is that you should negotiate these two car-buying aspects separately. Begin by negotiating the best possible deal that you can get for the stock car you are looking to buy, and then start on getting the best deal for your trade-in.


In the same way, refrain from mentioning any special discounts you have from the dealership or Auckland stock cars seller. 


Don’t Pay for the Add-ons


Purchasing a new car is a significant expense that you could find yourself paying for it for the next several years. If you choose to fund the vehicle purchase, expect the overall accessories costs to skyrocket. That’s why you need to maintain the add-ons to the bare minimum. Those heated seats are not really necessary, and you can get a portable GPS navigation unit for significantly less than built-in systems.




A car purchase is a huge financial undertaking, which is why you should research each aspect of the buying process. Find out the available stock cars for sale and know exactly what you want. By educating yourself on the most important factors to consider when purchasing a car, you will go into a car dealership best prepared.


At New Zealand Cars, we are the one-stop-shop for the best Auckland stock cars. Our customer representatives are on standby to help you with every question you have. Call us today.


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