Log On to Take Advantage of Car Deals

Friday, June 12, 2009

We're talking about online resources for buying a car on TV & Radio stations across the country this week. Had privilege of sitting down with the folks on frontlines of the AOL Autos team. They've done some impressive work. The end-result is thoughtfully simplistic (which means the site is loaded with information, but is intuitive to use). A winning equation for successful consumer websites. Here are some background notes based on our conversation with them. Hope helpful. More to come on-air:)

2009 Jeep Wrangler

  • Should we really log on before we hit the lot and in these tough economic time how do we really make it work to our advantage?

  • With automakers filing for bankruptcy and closing local dealers en masse, it is time take advantage of the autos market. AOL Autos, autos.aol.com, is a great place to start for free car information for new and used cars, as well as tips and news.

  • People are conducting extensive car research online before they buy. This puts them in the driver seat by giving them the information they need to make smart car buying decisions.

  • Those looking at buying a new car can compare the features, prices, incentives and total ownership costs to find the best deals before heading out the door. The site has car buying guides focused on:

    • Alternative fuel vehicles

    • Crossovers

    • Best family cars

    • Luxury vehicles

    • Sedans

    • SUVs

  • You can also use their car compare feature http://autos.aol.com/cars-compare

    • Choose between two and five cars to see how they compare on price, features, and performance

    • The differences between the cars you are comparing are highlighted

    • Compare cost to own a selected car with other similar vehicles

  • Many consumers are considering used cars due to the current economy, so you can go online and compare cars in your area to make informed choices. AOL Autos Used Cars: Car buying maps and graphs :

  • Work and even - GRAPH - the used car market - all 3 million of them!

  • Don't overlook new - promos highly incentive; very dynamic Run the numbers - look at MSRB vs invoice. Aim to come in on or under.

  • E-Haggle - Talk it "type" them down in advance. Win/win - you negotiate anonymously in advance/dealer gets qualified lead.

  • Think ahead - use cost of ownership calculator to level-set on "real" 3 year + cost including depreciation (hello! First year will make u cringe), estimated maintenance (not all vehicles historically hold up well).

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