How Does A Car Broker Service Work?

Car broker - purchasing a new car

In the past we have explored how a car broker can help you, but the concept of a car broker is still very foreign for a number of people. The actual process is still quite unknown to the general public, which is what we’ll be explaining in more detail throughout this post.

A broker helps you through the entire process of purchasing a new car. To begin the process, all you need to do is contact a car broker and discuss the type of car you are looking for. If you are not entirely sure of the specific model that is right for you, a broker can help you to determine the kind of vehicle best suited to your needs and circumstances. If you already know exactly what you’re after – you’re one step closer to that new car smell!

What the Car Broker Does for You

The broker will then contact their database of car dealerships to find the best possible deal on the vehicle you are looking for. The key advantage here with using a car broker is that the broker has existing relationships with a large number of dealers who will actually compete for the opportunity to win your business. Because car brokers facilitate the purchase of numerous vehicles every day a broker can negotiate the purchase of your desired car on your behalf at prices well below retail or with enticing extras. Your broker may even be able to help you buy a new car for a ‘fleet price’ usually reserved for bulk buys on behalf of a business. Brokers can do this because they represent many customers, buy in bulk and are therefore able to negotiate much lower prices than what is typically available to a retail customer. It’s also important to remember that while you might buy one car every few years, a broker will generally buy a car every few hours – this experience is on your side when using a broker to purchase your new car.

If buying a used vehicle, once your broker has identified the best options, the broker can go out to the dealerships to inspect the vehicle and look for any hidden value-adding or value-decreasing factors. The broker will then contact you to confirm your interest on the best vehiclel they have found. At this stage, a broker can organise to have a mechanical check on the vehicle to ensure the vehicle is mechanically sound and can also organise a test drive for you.

If you are happy with the vehicle, the broker will organise the payment and delivery with the dealer and all you need to do is transfer the agreed funds, which they will help you do.

What About the Cost?

You’re probably thinking this sounds great, but what about the cost of using a car broker? Some brokers charge differently depending on their business model. However, you don’t have to worry about any additional expenses with Car Search Brokers service as the dealer pays the cost to the broker for sourcing the sale. Even with this cost factored into the process, a broker will generally save you more money on the purchase of a new car than what you might find on your own.

The car buying service is not only there to save you money though. It enables you to get your desired new car without the troubles and running around that would normally be required if you managed the process yourself. Not only does this save time and hassles for you as a customer, it often saves money and ensures the vehicle is thoroughly checked and is up to standard. A good broker will be able to find you a vehicle in a short period of time too, which can be very useful if you are in need of a car quickly.

If you’re in the market for a new vehicle and would like the help of a car broker, contact us today on 1300 650 890.

Posted on January 12, 2017 in Car Buying Tips