“Tricks for Reading Car Estimates: How to Avoid Mistakes and Deception”

We reveal the best tricks for reading the car estimate: in this way you can’t go wrong and you won’t let yourself be fooled!

In the chaos of offers that we can find, both online and in dealerships, it becomes essential not to get caught up in a hurry and think when deciding to proceed with the purchase.

Although a quote seems like a simple thingtrivial, which only indicates the price of what we are buying, however, it could contain several pitfalls which must be calculated beforehand. For this we will provide you with one guide to avoid running into errorsto try to help you make an intelligent purchase that will fully satisfy you.

Not everyone knows, but an official quote must have some requirements which then do not lead us to encounter problems at the time of purchase. There are several data that the dealer is obliged to provide you and it is good to know this when we are in front of our consultant. So pay close attention and observe what we are about for you tell.

The basic requirements of a car quote

Let’s start by specifying that we are faced with the purchase of a new vehicle in the analysis of our estimate. First it has to be drawn up on the licensee’s headed papernot on a sheet or a brochure.

Second, but not least aspect, must contain the name of the seller who drafted it and also i his contact detailsthen both the phone number and the email.

There are also other fundamental aspects that must be respected. On the estimate it must be present the date of preparation to avoid that there are later misunderstandings especially if promotions or special conditions start.

As far as the car is concerned more closely, inside the model the model with the brand name must be specified, equipment and accessories non-series which are counted within the offer. Moving on to the way in which the car will be purchased, it is important to read the presence of the offer in the estimate if we are talking about a loan with well underlined TAN and APR.

Pay close attention to the dates

A very important fact to take into consideration when making a quote for the car are the dates. In fact, very often there is the risk of falling into the trap and having problems. Especially when we are faced with promotional offers, the duration must be well in mind and we must absolutely not underestimate this aspect.

Suppose in fact that there is some favorable option, such as the passage included in the price, you must pay attention to the wording “price valid until…” o “Offer valid until…” to avoid unpleasant surprises that could cost us a lot at the time of actual purchase.

Find out about government incentives

The concessionaire is not required to inquire about government incentives firsthand, but is only a go-between who has to collect the documentation. It is therefore up to us to find out about the characteristics of the various incentives for the purchase of cars. So they could there are some very interesting discounts and capable of influencing our choices when it comes to purchasing. Incentives are often dedicated to new technologies that they can reduce pollution and consumption, therefore they allow us to save on the purchase of the same car. Make sure that this parameter is also included in your estimates.

Compare the prices of different dealerships

Obviously, each dealership applies its own rates even though the basic prices are known. There could be even significant differences, aimed at influencing our choices.

So at this point it becomes very important compare the various estimates and don’t stop in making us draw up just one. It can very often happen that there are in fact discounts applied by a dealership, which we do not find in another. In this sense, therefore, it becomes essential not to get caught up in the rush to complete the purchase immediately.

For this reason it could also be useful to bring several cars to our attention and reflect on all the alternatives that suit our case.

The conditions of delivery

When quoting our new car we must also make sure that the delivery conditions are written. Covid has changed a lot of rules in this regard and with this, it has slowed down especially the purchase of new cars in terms of engines. In this sense, once the deal is closed, we will refer to the delivery date that was previously indicated to us precisely in the estimate.

Obviously the conditions may vary at the time of purchase and for this reason we must pay close attention to what we sign when we complete the final phase. Of course, the goal is not to have any nasty surprises later.

Payment method

We cannot fail to move on to the practical side and therefore to the payment method. In this case, the estimate becomes important both in terms of immediate payment and financing.

If we have the economic availability to pay for our vehicle immediately, we must pay attention, as specified above, also to the dates that we find affixed to the estimate. In fact, there could be fictitious promotions, leading us to spend a much higher amount than previously established.

As far as funding is concerned, we need to make clear assessments. If everything is explained correctly in the estimate, we will then have the opportunity to go and evaluate even making an external one with respect to the one proposed by the dealer. For this the document must contain: name of the financial company, financed capital, number of installments and amount, sum of interest, TAN and APR. With these data in hand we could then go to other lenders and make our right reflections.