Is it better to buy a car from a dealer's lot or order one to meet my exact specifications?

Personal Finance March 01, 2013|Print

If you can find a car that matches or comes close to what you want on the dealer's lot, you may be able to save money. A dealer must pay ongoing expenses to maintain cars on the lot and therefore wants to sell the existing stock of cars before ordering a new one. Thus, you may be able to negotiate a better deal if you purchase a car from the inventory.

Conversely, you may have to pay a little extra to have a car ordered, and you will probably have to wait six to eight weeks for delivery. If you do choose to order your car, be sure to read through the order form carefully before signing so you know exactly what you are buying.

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