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Online Vehicle Buying Guides

 
James Bell
Meet the Expert
Intellichoice.com
  • How do I buy a car online?
  • What are the risks of buying a car online?
  • What are the advantages of buying a car online?
  • What will I need to buy a car online?
  • How can I protect myself from fraud when buying a car online?
  • How do I buy a car online?
  • Can I buy new and used cars online?
  • What are the warning signs of a dishonest deal online?
  • When shouldn't I buy a car online?
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Vehicle Buying Guides
 Understanding Car Ads 
  1. James Bell
  2. What does "firm" mean? 
  3. What does "clean" mean? 
  4. What does "custom" mean? 
  5. What does "loaded" mean? 
  6. What does "vintage" mean? 
  7. What does "cherry condition" mean? 
  8. What does "cream puff" mean? 
  9. What does "mint condition" mean? 
  10. What does "excellent condition" mean? 
  11. What does "good condition" mean? 
  12. What does "runs ok" mean? 
  13. What does "looks ok" mean? 
  14. What does "runs" mean? 
  15. What does "needs work" mean? 
 Professional Resources For Car Finding 
  1. James Bell
  2. Can an auto mechanic help me with my car purchase? 
  3. How would an auto mechanic help me with my new or used car purchase? 
  4. How can "Consumer Reports" help me with my car purchase? 
  5. How can "Consumer Reports" help me find the right car? 
  6. What is a "new car buying site"? 
  7. How can a car buying site help me find the right car? 
  8. What is "Kelley Blue Book" and how can it help me find the right car? 
  9. What is "IntelliChoice.com"? 
  10. How do I use Intellichoice.com to help me buy a vehicle? 
  11. What are some auto information resources for buying a car? 
  12. How can online resources help me find the right car? 
  13. What is a "car buying service"? 
  14. What are the pros and cons of a car buying service? 
 Auto Buying Guide 
  1. James Bell
  2. What is an "auto mall"? 
  3. What does "tax and tags" mean? 
  4. What does "sticker price" mean? 
  5. What is "sticker shock"? 
  6. What is a "destination charge"? 
  7. What is a "floor plan fee"? 
  8. What is a "flooring company" and how do they affect the cost of the car? 
  9. What does "market adjustment" mean? 
  10. What does "total" mean on the sticker price? 
  11. What is a "dealer invoice price"? 
  12. Where can I find the dealer invoice price? 
  13. What are "factory to dealer incentives"? 
  14. What does "holdback" mean? 
  15. What are "dealer prep" fees? 
  16. What are "ad fees"? 
  17. What are "dealer fees"? 
  18. What is "no-haggle pricing"? 
  19. What is "MRSP"? 
  20. What is a "test drive"? 
  21. What is the difference between unleaded, regular, super and diesel? 
  22. What is a "vehicle title"? 
  23. What is a "vehicle registration"? 
  24. How do I register my vehicle? 
  25. What is an "auto inspection"? 
  26. What is a "smog check"? 
 Car Dealer Ads 
  1. James Bell
  2. Will I be able to buy a car for the price quoted in a dealers ad? 
  3. What does an auto dealer ad mean by "0 percent financing"? 
  4. What does a dealer ad mean by "Don't make a 5000 mistake"? 
  5. What does a car dealer ad mean by "4000 for any trade in"? 
  6. What do "asking price" and "or best offer" mean? 
Online Vehicle Buying Guides (Now Playing)
  1. James Bell
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Online Vehicle Buying Guides

How do I buy a car online?

Buying a car online is actually growing in popularity. It's estimated about 30% of people are now using the Internet to make that purchase and mostly because most people are often afraid of coming into the car dealership. So buying a car online is a really savvy way of going about it and the main components are where the advantage is are the fact that you can pre-negotiate your price in advance, pre-negotiate your financing in advance and take a lot of the mysticism away from the car buying process and see it in nice clean black and white images. Some of the different ways that this can be done would be to contact the Internet Manager at a particular dealership and he can work the process through, or there's also many, many sites such as carsdirect.com or cars.com that can arrange for the vehicle to be actually purchased through a authorized dealer so you know it's legitimate but can do a lot of the paperwork and the footwork for you.

What are the risks of buying a car online?

The risks of buying online are that while you are able to get your pricing set up in advance and do a lot of the paperwork and the footwork before you actually go in to see the dealership, people still need to drive the car. You still need to make sure that the seat fits you well, that you like the way it feels, you like the way it smells, you like the way it handles, the way it accelerates. These are the things that are going to really guarantee or take away that satisfaction going forward.

What are the advantages of buying a car online?

The biggest advantage of buying a car online is saving a lot of the hassle that car-buying has traditionally come to represent to people. It's just amazing that even if you do a lot of the paperwork in advance, it still takes so long from test driving through the negotiation process to actually getting the keys in your hand. You have the opportunity when buying a car online to do a lot of that work in the comfort of your own home, saving you a lot of time, a lot of money, and most importantly, a lot of energy. Buying a car online gives you the ability to sit back with a cup of coffee and make your decisions, and not under the pressure that sometimes happens in the dealership.

What will I need to buy a car online?

In order to buy a car purchase online, it's very similar to what you are going to be doing if you are at the dealership. You need to make sure that you have money set aside for the down payment and make sure you've got all the personal information such as your social security numbers, bank numbers and all those sort of things. These are the same sort of things they are going to ask you at the dealership. The last thing is really just having all the research done, because, if you are coming to that point where you are really going to be making that online buying decision for the car, you want to make sure you are making it from a place of confidence and understanding.

How can I protect myself from fraud when buying a car online?

Online car buying has evolved in the last 7 or 8 years and it's a much safer place now than it was maybe before a lot of the more fraudulent sites have been kind of cleaned up and have disappeared. However, it's still worth while doing your research. I would think it would be smart to spend some time at different forums and blog posts and actually look into what peoples buying experience was on the different sites to make sure that they have good high customer service ratings. We're also talking about the ability to be able to buy from a private party say, at an ebay or a different auction site. This means you want to make sure that you take advantage of all the protections that a reputable site like an ebay does have already in place to protect you as the buyer and make sure that the seller is going to treat this process legitimately.

How do I buy a car online?

The first thing you'll need to look at when buying a car online are the actual sites themselves. Do a lot of research on the websites that are out there providing car buying services and find one that you feel comfortable with. Secondly, you'll need to research the vehicle that you're going to buy. Some of the car buying services will have different resources available online, otherwise you might need to step out of that online car buying service and look at some of the other resources such as: intellichoice.com, kellybluebook.com, edmunds etc. Lastly, there is some negotiation involved with the seller when buying a car online. It's probably negotiation which would be a lot more comfortable to most people, in that it's not face-to-face / eye-to-eye contact; it's actually just working out the numbers in cyberspace (so to speak). When buying a car online, you'll still need to make sure that you're going to be prepared to negotiate for the price that you're comfortable with, and by doing your research well beforehand, you should know a good target range for that price.

Can I buy new and used cars online?

New and used cars are both available to buy online, in fact if you type in the word "used car" in your next Google search you will be shocked at how many different resources come up and how many different locations have used cars available. I often do this and I love finding the websites for a little tiny garage out in the middle of Arkansas that has got three cars on the lot but there they are online as well!

What are the warning signs of a dishonest deal online?

If you end up at a site where you're interested in a certain vehicle, you can quickly scan over the spec on that vehicle and because you've done your research, you'll know if anything looks out of place or potentially shady. If it says that it's got a V6 engine but you know it only came with a 4 cylinder, it says it has leather seats and you know it only came with cloth, then you can start to cast some doubt on that particular location. It might be worthwhile that once you have any sort of sense of concern, to find somebody else.

When shouldn't I buy a car online?

When you're doing the negotiation of a car online, if you ever feel in the e-mail communication with the person who's selling the car that they're not doing forthright about it, anything to do with the car's condition, you feel like they're being evasive, they're not responding quickly, you must always remember that you're in charge of this process. You should never feel you're obliged to buy the vehicle from this person or pressured in any way, especially in the anonymity of doing it online. So, if at any point you don't like the way the deal for the car sounds, it's probably a good chance that your little alarm's going off for a reason, and go find the vehicle elsewhere. There are plenty of others cars out there.

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  • How do I buy a car online?
  • What are the risks of buying a car online?
  • What are the advantages of buying a car online?
  • What will I need to buy a car online?
  • How can I protect myself from fraud when buying a car online?
  • How do I buy a car online?
  • Can I buy new and used cars online?
  • What are the warning signs of a dishonest deal online?
  • When shouldn't I buy a car online?

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