When it comes to large expenses, buying a new or used truck can certainly fall into that category. Recently my wife and I bought a new truck and Rob Murray of Peoria Ford was able to help us save over $10,000 on a new truck for sale. While Rob may not be able to save you $10,000 on a new or used truck for sale every time, he knows the ins and outs of the business and can save you money if you are looking for the best deal on a new or used truck for sale in Phoenix, Glendale, Peoria or even valley-wide.
I interviewed Rob for the Wealth For Life radio show on 1100am KFNX Newstalk Radio to get his best advice on buying a truck to save you money. Here is the interview and his top tips:
See the tips below the interview.
1. Check out the dealer incentives and rebates. Rob has seen these as high as $12,000 off trucks for sale. The best place to start is to check the websites of all the big truck companies. Ford, Chevy, Dodge, they will all list their current rebates and incentives. If you are not internet savvy, Rob suggests reading the Saturday paper. This will also have all the sales on new or used trucks.
2. Take all the incentives and rebates up front and compare the cost of buying new vs. buying a used truck. I was convinced it is always best to by a used truck because you get a better deal. However, in working with Rob and adding up all the incentives we were able to get a brand new Ford F150 Lariat Ecoboost for almost the same price as a used ford truck we were looking at with 37,000 miles on it! And we got a better truck.
Another great tip from Rob Murray on incentives: Sometime the truck companies, like Ford, will give extra money off if you finance through them. In the case of the truck we bought, they were giving an extra $1500 of the new truck. The rate though, was much higher than we could get through our credit union. So we took the $1500 off from Ford, took the higher rate, the we wait 90 days and refi the truck with our credit union to take the lower rate. Great money saving strategy!
Rob gave a few other great tips in this interview, such as how to choose the right engine when looking for a truck and what is the best thing to do when you walk onto a car lot. You can listen to below.
The best advice I can give you on saving money on a new or used truck is to work with a seasoned pro like Rob Murray. He has been in the industry for 17 years and his job is to get you the best deals. He’s knows the ins and outs of system and will help you get what you want. He made the process easy for us and saves us a tone of money. You can reach Rob at 623-444-0930.