Guide to searching for a new car
Ultimately a car is one of the largest purchases that any person can make. Let’s face it: it has never been easy. However, with the help of this guide and some tips and tricks, we hope the process becomes easier for you.
Which Car is Best To Buy
During this decision-making process, it’s important to ask yourself some helpful questions to determine what car is perfect for you.
These questions include:
- What do I use a car for?
- Do I have a long commute and want good gas mileage?
- Do I need a car that is easy to park because I do a lot of city driving?
- Do I want the latest technology?
- Do I need third-row seating?
All of these questions will help you to decide on what type of car would benefit you the most. Cost is also an important factor. Make sure to pick a car that fits comfortably in your budget. This means something that is no more than 20% of your monthly take-home pay.
Also, visit a dealership when it is closed to see hands-on what the vehicles you’re interested in look like and cost. This leaves the pressure of dealing with a salesperson out of the mix during your initial decision-making process.
What car should I buy? – New or Used Car
For some a new car is a prestige they feel they owe themselves, however a used car is still “new” to you. A new car doesn’t have excess wear and tear and mileage. Also, after it is paid for, the car most likely doesn’t have a lot of mileage and should last for a while. Owning a new car also means that you will pay more with insurance. With a used car, the value is less, so insurance premiums should be less (depends on other factors such as driving records and past claims).
How to research a car before buying
You as a consumer should so as much homework as you can, so you have a sense of the market. You should never be afraid to go to a dealership, but being as prepared as possible does give you an edge. Research things such as best and worst cars, safety data on car you’re interested in and other data-driven information about reliability.
You also can research price ranges for the vehicles you’re interested in, so you’re aware of the average selling price in your area. All of this can be done by the comfort of your home or office before you even visit a dealership.
Also, be sure to check the true market value of all the vehicles you’re looking at before visiting the dealership.
What do I need to do before a test drive
Drive the car in the conditions you most likely would use it, whether at night on dark roads or in rush-hour traffic in your town. This helps you get a feel for its handling in the times you would use it most. Also, pay attention to sightlines and blind spots and determine whether it fits you and your driving style best. The important thing is to feel comfortable in your car, so set the seat so it will work for you and the mirrors and make sure that you wouldn’t mind driving this vehicle continuously.
Leave Your Emotions at Home
A car should never be an impulse purchase. Take time to ensure you’re ready for the financial obligation and are truly comfortable in the vehicle you’ve chosen. Dealers always want to make you feel like their deal is the best deal. Verify that. Do your research. Call other dealerships. See where the best deal lies and don’t take a car salesperson’s words verbatim. Also, if you can, bring someone with you, as they can advocate with you and keep your feelings in check too.
Other Important Things to Consider
Ask your salesperson for incentive, whether cash, loan or lease terms or gifts or coupons. Note that the last weekend of the month is when they have the best incentives to sell as they have monthly goals and quotas to make. Also, don’t get too caught up on color because yes, it is important to like your car, oftentimes the little things skew the overall process.
Ultimately remember that buying a car doesn’t have to be a rushed process. Make sure you to take time to make a careful and smart financial decision that you will be satisfied for time to come.