According to recent reports, the hosts of an auto show on CNBC have offered a series of tips concerning new cars and how to wisely purchase them.

The reports show that the experts have been successfully purchasing, repairing and reselling several unique and interesting cars in the past years. They have learned enough on vehicles and on how to spot a good car when they find it, and because of that, consumers are urged to listen to what they have to say if they want to learn how what experts look for in cars in order to make a safe decision.

In the article, the “car chasers” talked about their show, in which they offer consumers the inside scoop of what happens in the auto sales business and what they do to stay afloat, make consumers happy and find great deals.

One of the experts is a specialist in classic vehicles while the son deals with all kinds of cars. Both men also sell and buy from one another. The reports show that according to some of their advice, consumers must keep in mind they should know how much they want to spend before going to the dealership. By ensuring they know how much they are willing to spend, they also ensure they are more confident when it comes to telling the salesman they are not comfortable with the price they are asking for it. It also makes it easier for the consumer to walk away if needed.

Experts say that a consumer who’s willing to walk away will make better negotiations.

Consumers are also encouraged to make their offers and wait for a response. According to experts, the first person that speaks is the one who will lose. If you can, carry cash. Cash makes your purchase easier and less costly.

According to the experts, consumers should never settle down for the first offer, after all, the first offer is not going to be the last. When a consumer listens more and talks less, he is also capable of leading the negotiation by ensuring that they understand what the salesman is trying to do. Keeping it cool and making sure you’re not too emotional about the vehicle will help you to get the best deal you possibly can. Remember: buying and selling a car is nothing but business.

Consumers are urged to never forget to test drive the vehicles they are about to purchase and never forget that if they are not comfortable with the car, it may not be the one they should get, in spite of how seducing the offer may be.

For the full article and more tips on how to purchase the perfect vehicle, click here.