ARE YOU READY? (from Chapter 2: The
Have you narrowed your focus down to two or three particular models? Do you know which features you want? Do you know what the wholesale and retail prices are in a Blue Book and Edmunds? Did you read every auto classified publication you could get your hands on to learn what the going market is on the year models you desire? Did you get yourself lined up with at least one reliable mechanic? Is your financing all set to go at a moment's notice? Did you call and get some quotes from several insurance agents? Have you read my book all the way through, made notes accordingly, and understood clearly what is being presented? If you have, your research is complete. You are now ready to start the search.
Because you've already been scanning the ads, you know where to look for possible leads. By this time you should already know on which days weekly publications come out. Make a point to get the publication as soon as it's published. If a particular auto seller comes out every Friday, you don't want to be in town picking up a copy on Thursday. The ads are already a week old, and you will find that many cars have already sold. Quite often people sell cars well below market value because they are in dire need for some quick cash or they don't realize their car's full worth.
Remember, the dealers read the same ads and are constantly hunting for a kill. You are not hunting for a kill, but you are hunting for a reasonable deal--and sometimes even those go quickly.