Buying a new car is one of the most expensive purchases most consumers ever make. According to Edmunds.com, thee average price of a new car sold in the US increased to over $30,000 in 2004, making the automobile purchase second most expensive purchase other than buying a new home. Therefore, it is important to make sure you are getting the best deal on your new car purchase.

Before heading off to your local dealership and signing the deal, do some research. Take some time to think about the type of car and the options you want. Also take some time to think about how much you can afford to spend, your down payment etc. Doing this will help you to take an informed approach to your new car purchase and reduce the chance of making impulse decisions at the dealership that could be expensive.

Research Your Car Buying Options:

One of the best places to start the research on your new car is on the Internet, sites like Car.com and Automotive.com provide excellent car buying resources.These sites provide information on pricing and options for specific models.

Check local newspapers and publications to compare models and prices in ads and dealer special promotions.

p>When the time comes to visit the dealership. Plan to negotiate the price of your new vehicle. Many Dealers are willing to discuss price and if handled correctly could save you thousands off the "Sticker Price"

One thing to consider, is purchasing a vehicle off the lot rather than ordering your new vehicle. Ordering your new car, will allow you to pick the options you want. Although there will be a delay in getting your new car you will get exactly the vehicle you want. However, many dealers want to sell their existing inventory, so considering a the purchase of a vehicle on the lot may give you some additional room to negotiate a better deal if you find a car that meets your needs.