Can You Negotiate Electric Car Prices?

Are you thinking of buying an Electric Car? One of the biggest questions all car buyers ask when it comes to buying any car let alone electric is, can I negotiate the price of a car?

In this article, Shop for Cars will answer the all important questions of if you can negotiate the price of an electric car in Australia.

Let’s get into it.

Can I Negotiate the Price of an Electric Car?

Yes, you can negotiate the price of an electric car in Australia! Electric Car buying is exactly like buying a regular petrol or diesel car.

So that brings us to the all important question, how can I negotiate the price of an electric car?

Shop for Cars has put together a few tips that you can use to help prepare yourself for electric car price negotiation.

The Art of Car Negotiation in Australia

When it comes to negotiating the price of an electric car in Australia it is no different to the typical haggling of price for standard petrol cars. I am sure you have all been through that before. The most important tip we give is prepare yourself, that brings us to the first point.

Do Your Research

If you can take one thing from this piece this is it. Before you even think of stepping into an electric car dealership in Australia it’s important that you do your research. You need to understand electric vehicles, makes, models and most importantly the prices that they are selling for. Use online websites to gage an idea on asking and selling prices.

Timing is the Key

Another really important thing to consider when it comes to negotiating the price of a car is timing. Most dealerships are more willing to negotiate price at the end of the month or end of financial year as they will have sales targets to meet. By picking your time wisely you may be able to knock many thousands of the asking price.

Don’t be afraid to walk away

Often the only way that you are going to be able to convince a dealer to lower the price of the car is to walk away if needed. Some dealers may be hesitant to lower the price. To make them fear a potential loss of a sale, don’t be afraid to walk away, but if you choose to do so, make sure they have your contact information as you may find they will reach out later to give you a better price if they fail to sell the car by a specific date.

Understand Electric Car Incentives and Rebates in Australia

The Australian government offers many incentives to get buyers to choose electric cars over petrol. Some of these incentives can actually reduce the upfront price that you pay. Before you consider buying an electric vehicle, make sure you research what incentives are currently in place for people looking to buy an electric car.

Compare Multiple Dealerships

Another really important negotiation tip that you should use to ensure you are getting the best deal is to compare multiple offers from multiple dealerships. The benefit of getting multiple sales proposals from different dealerships is you can leverage one over the other when negotiating. Think about it, if you show one dealership a proposal where another dealership is offering you thousands less to buy the same car, they may be willing to budge even further to get the sale!

Consider Used Electric Cars

Let’s face it, its much more difficult to negotiate the price of a new car that a used car. If a brand new electric car dealer is unwilling to budge off the price to meet your expectation, think about looking into buying a used electric car. Used Car Dealers are known for being more open and willing to negotiate than new car dealers.

Explore Car Finance Options

Taking up a Car Finance offering is often a successful negotiation tool. Think about it, if you are pre-approved for only a certain amount of finance, you can tell this to the dealer. If the amount is say 3-5k less than the advertised price, they may be willing to drop the price to close the sale.

Final Word,

To answer the question, yes, you can negotiate electric car prices in Australia. However to successfully negotiate the price of the electric car, you will need to research, pick your time wisely and not be afraid to walk away if the deal doesn’t meet your expectations. Happy electric car shopping.

We hope you enjoyed reading this article. To read more articles like this, please visit the Shop for Cars latest news page here.

About Shop for Cars,

Shop for Cars is Australia’s first car dealership-only online classified. Shop for Cars brings you the best quality new and used vehicles from trusted motor dealers Australia wide. Shop for Cars currently has over 12,500 cars listed for sale all from licensed Motor Vehicle Dealers ONLY.

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DISCLAIMER: This is all based on opinion. Please research and consult with all relevant parties to make the best buying decision.