Buying a car requires a lot of time, patience and effort. It will also require quite a lot of funds. After all, cars don’t come cheap. Although you can apply for car financing, there is a limit to how much you can sacrifice to be able to pay off a loan. People who need a vehicle tend to check their budget then choose a car within their price range. But it may be a little harder for people who have set their heart on a specific car model to let go of their dream car. This is where car brokers in Sydney come in.
Getting the Process Started
Although having a car broker can make your car buying experience significantly better, you may still be confused about the process. You probably just understand that an auto broker is in charge of assisting you through the entire process of purchasing a new car.
Simply put, the process starts when you contact a car broker in Sydney. You will discuss the car that you are planning to buy. If you are still undecided about the kind of car that is right for you, a car broker can also help you determine the most suitable vehicle for you and your family.
What Can Car Brokers Do for You When Buying a New Car?
Once you have determined what your dream car is, your car broker will get in touch with car dealerships in their database to find the best possible deal on the vehicle you are planning to buy. Since car brokers already have existing relationships with a large number of dealers they can get better offers. This is because car brokers manage the purchase of many vehicles every day.
Depending on your car broker, some of them can even assist you in buying a new car for a “fleet price”. The fleet price is normally only offered for bulk purchases on account of a company. This means that you can get much lower rates than what is typically available to a retail customer. Why do car brokers have this power? Car brokers generally buy a car every few hours, so car dealerships usually favour them.
What Can Car Brokers Do for You When Buying a Used Car?
The first step is always determining what kind of car you are planning to buy. Once you have established that you want to buy a used car, your broker will get in touch with dealerships and inspect the vehicles for you. They will look for any hidden value-adding or value-decreasing factors.
They will let you know as soon as they find the best vehicles under your criteria. If you confirm that you like what they have found, your car broker will organise to have a mechanical check on the car to ensure the vehicle is mechanically sound. And, if you want, they can also arrange for you to be able to take the car for a test drive.
Whether you are buying a new car or a used vehicle, once you are happy with the offer on the table, your car broker will organise the payment and delivery with the dealer. You only need to sit back, transfer the funds and wait for your car to be delivered.
How Much Does Hiring a Car Broker Costs?
This level of convenience is impressive, but at what cost does it come? Different car brokers charge differently. They charge depending on their business model. This might also depend on whether they are working with a specific dealership, or if they are working as an independent car broker, etc.
Why Hire a Car Broker?
You may see a car buying service as an extra cost right now, but it can actually save you money in the long run. And that is a bonus on top of being able to buy a car without getting stressed.
Buying a car will take a lot of research and running around. You still need to shop around for the best deal, manage your car finance application and many more. As you can see, it is a time-consuming process if you are going to do this on your own. Having a car broker working with you saves money and makes sure that the car is thoroughly checked.
Whether you are looking for a new car or a used car, auto brokers can search for the car model for you and work with dealerships to get you the best offer possible.
Choosing the Right Car Broker in Sydney
Here is how you find the right car broker to help you on your quest to owning a car:
1. Determine the kind of broker you need.
There are three different kinds of car broker that you can choose from depending on your needs. You can choose to work with a broker service offered through your auto club, an individual service, or a broker that operates through a dealership.
Knowing more about these three kinds of brokers can give you a better chance of knowing which one is best for your situation. First, check which type of broker is available in your area. This is only a general guide of what types of dealers are available, but it is still better if you can check and compare their offers yourself.
- Individual car brokers- As their name suggests, this kind of car broker is an independent professional working with their own team. They are normally former car dealers who have decided to change careers. This type of car broker and their small group are customer-oriented, and they usually charge a flat fee for their services.
- Auto club car brokers- This type of car broker may be found through discount clubs in your area. This type of broker makes their services available for a low price—or for free—for their club members.
- Dealership-related brokers- As the name suggests, this type of broker works and operates through a specific dealership. They receive compensation for their services from the dealership that they work with. You have to be careful when hiring this type of broker. Since they are a part of a dealership, they may not have your interests at heart.
You should look for car brokers in Sydney who only charge a flat fee that you should agree upon before making a purchase. A flat fee means that you only need to pay the broker once and that is only once they find you a deal on the car you want. This kind of arrangement will prevent the broker from driving up the fee if they place you in a more expensive car.
2. Assess your top choices.
Do not hire the first car broker that can give you an offer. You should evaluate and find out more about the broker and how they work. Here are some questions that you can ask:
- Are they licensed to sell cars in your state legally?
- What is their process of finding deals on cars?
- What is their background?
- Are they compensated by any of the dealerships that they work with?
- How much do their services cost?
You can also ask them if it is possible for them to deliver your car to your home or office. This will save you time and money since you no longer have to get the vehicle from the dealership yourself.
3. Check for customer reviews.
As with any other business, car brokers will put their best foot forward. They may not admit freely if they have messed up anything in the past. So your best bet in finding the truth is through customer feedback. There are many websites that you can check that have honest reviews and ratings from other clients. These ratings will give you an idea of how customer-oriented they are, and if they genuinely are effective as brokers.
You should keep in mind that some car brokers do not deal with some types of cars. So before reaching out to an auto broker, make sure that they deal in the kind of car that you seek. For example, some brokers exclusively deal in luxury cars, and some have good connections for used vehicles.
4. Make sure to compare prices.
The whole point of getting a car broker is to save money by getting the best deal on the car of your dreams. But it would not hurt to do a bit of research yourself. You can do this by checking out the prices on the vehicle year, make, and model you want to buy at dealerships in your area. By doing your research, you have something to compare against the prices the car broker gives you.
You will save more than just some money when you hire a car broker in Sydney. They will also save you from wasting time or going through the stressful process of looking for the right dealer. They are allowing you to purchase the car of your dreams with the best deals available. However, you should also make sure that you are working with a car broker who has your best interests in mind. Hopefully, this guide has given you enough information on how to find your car broker.