Navigating the car-buying process can feel overwhelming, but a few simple strategies help ensure you get the best deal – and the best vehicle for you.
We checked in with the team at Kelowna's Orchard Ford for their five essential tips to help you secure the best price for a new vehicle.
1. Build relationships with your dealership
Establishing a good relationship with dealerships such as Orchard Ford can be beneficial in the long run. Reliable contacts at the dealership can provide valuable assistance when it comes to servicing your vehicle or staying updated on new deals. A dealership that understands and advocates for your needs can offer personalized recommendations and support, making your car ownership experience smoother and more enjoyable.
2. Understand retail value and resale potential
Pay attention to the resale value of new vehicles. Some newer models retain their value better due to high demand or limited availability. Although it may require a higher upfront investment, choosing a vehicle with strong resale potential can be financially rewarding in the long term. A trusted salesperson at Orchard Ford can guide you toward vehicles that offer the best long-term value, ensuring you make an informed decision.
3. Check the manufacturer’s suggested retail price (MSRP)
To get the best price, always compare the MSRP from the manufacturer's website with the prices at local dealerships. Orchard Ford suggests the MSRP serves as a benchmark for fair pricing and aids in comparison shopping and negotiations.
In some cases, placing a factory order through a manufacturer's website can secure a better price. If you're in no hurry for your car and want to tailor a vehicle to your unique specifications, the Ford website is an option, however if you want to drive off the lot, purchasing directly from the dealership will be your best option.
4. Time your purchase strategically
Timing can significantly affect the price you pay for a new car.The Orchard Ford team notes that the end of the month, quarter, or year is often the best time to buy, as dealerships aim to meet sales targets. Additionally, shopping during major holidays like Black Friday, Canada Day or at year-end sales events can lead to substantial discounts. During these periods, dealers are more likely to offer better deals to clear out inventory and make room for new models.
5. Finding the best vehicle for you!
Finding the right vehicle that suits your needs and wants. Any dealership can sell you a car, but a long term dealer will fit you with the vehicle that suits you better with your lifestyle.
Whether you’re from Kelowna or visiting from around the Okanagan, the Orchard Ford team encourages you to stop by, catch up with your local automotive leaders, and explore some of the jaw-dropping deals currently being offered.