Homework Guy CAR BUYING UPDATE (2024 Compilation) Car FEES & Prices Going Down
Channel: Kevin Hunter The Homework Guy
Date: 24/04/2024

The Homework Guy Kevin Hunter brings you another CAR Buying UPDATE. Learn how to negotiate a good car deal and how to avoid car dealer scams.
For new cars, TOYOTA is finally getting more new cars in stock and more inventory at Toyota. Have you ever wanted to find a Toyota "dealer near me." We can help with that!

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By the way, we don’t recommend doing price negotiations at the dealership anymore. Test drive, and then leave. Get the name of the salesperson, and then email them when you get home, using the templates we provide on our BLOG, both for new and used cars. The template asks for price, fees, taxes, and finishes again with that awesome line, “I'll be interested in hearing what your finance office has to offer if I decide to purchase this vehicle from you.” You wait for a response and negotiate a proper OTD before you return to the dealership. Note, do not argue with them about fees via email. Only ask for the price of the CAR itself to be what you’re looking for. 

When you hear “How do you plan to pay?” This where YOU say “If we can agree on a price I’m willing to pay, I’ll be interested in hearing what your finance office has to offer me for a car loan.” Sure, you’ll want to have decent credit and you do have to do a credit app, but don’t worry, because the ding on your credit score is very temporary, and you have a SNEAK ATTACK up your sleeve that they are NOT going to see coming.

Explore the newest Toyota trucks, cars, SUVs, hybrids and minivans. See photos, compare models, get tips, calculate payments, and more. Build & Price A New Toyota — Uncompromising Quality, Reliability, Comfort And Safety. Build Your New Toyota Now. Compare Models, Prices and Deals. Learn More And Find Your Toyota® Today. Options For Payment. Talk To Your Dealer. Explore the Latest Lineup. Here To Support You.
Shop Toyota Certified Used Cars, Trucks and SUVs for sale at a dealer near you. Find the latest deals, models and inventory to buy hassle-free!

When Will New Car Prices Drop?
According to Kelley Blue Book data, the average transaction price (ATP) for new cars was $47,401 in January. Cox Automotive analysts calculate a 3.5% drop year-over-year as downward price pressure favors car shoppers. Cox Automotive is the parent company of Kelley Blue Book.

Carvana
https://www.carvana.com
Stay up to speed with your car's value. Get personalized insights on your car's value and track it over time with Carvana Value Tracker. 
Thinking about buying a car? Here’s what auto experts say you need to know. People spend a lot of money on their cars and trucks. In fact, about 16% of the average American’s total budget goes to transportation, including vehicle costs and fuel. That makes it the second-biggest expenditure after housing but before incidentals like food, education, and saving for retirement.

The scale of the expense can make shopping for a vehicle stressful – especially for younger, first-time buyers who tend to have less-established credit histories and lower savings.
And today’s market makes it even worse.

According to Kelley Blue Book, the average cost of a new vehicle (including cars, crossovers, vans, pickup trucks and SUVs) exceeded $47,000 at the end of 2021 – up more than 25% in just two years. Average used vehicle prices saw an even steeper rise, going up 42% from under $20,000 at the end of 2019 to over $28,000 two years later.

Searching for the best car deal? Great, but what happens when the best deal you find isn’t anywhere near you? In fact it’s miles away in another state? We’re here with the top 10 steps You Need to Know When Buying a Car Out of State, and the common hassles you’ll definitely want to avoid!

Get a Vehicle History Report for Used cars
Before anything else, it’s critical to obtain a vehicle history report from services like CarFax or AutoCheck.