Buying a new vehicle can require a lot of work! There are many things that you may not really need, but would be a fun extra. Use the following tips to figure out what you require when car shopping.
When you shop for a car, you need to figure out what you’re looking for first. Do you have your budget in mind? How many do you need the car to seat? You will need to know the gas milage that is acceptable for your budget. Do you want two or four doors? Make a list of everything you want, and take it with you so nothing is forgotten.
If you pay the sticker price, you are basically throwing money at the dealer. You should not need to pay the car’s full retail price. Sticker prices are intentionally high as a way to facilitate negotiation.
Do not pay sticker price for a vehicle. The sticker price is not what the dealer expects to get for the car. Bring a haggler with you if it’s not your forte. Do a little research on the market value of the type of vehicle you seek. Then you will know whether or not you are getting a good deal.
When you look for a new car, take into consideration the fuel economy of the vehicle and the impact it will have on your budget. For instance, you might think a big V-8 engine, paired with a towing package, is a great idea. However, are they features that you will frequently need or use? If so, are they useful enough to offset the lower fuel economy?
If you’re looking to buy a new vehicle, try and get financing from a bank before starting your search. This is for your own safety. Dealership finance departments typically give you better rates, but you should compare rates anyway.
Don’t start negotiating on specifics before you’ve got a set price on your desired vehicle. You need to take these off their offer. You can get the best price this way.
Tell the dealer that you want a mechanic to take a look at a prospective car. This should be someone you trust. Never use one recommended by the car dealer. The mechanic should tell you whether it can be driven and if it’s a good enough deal for the price.
Research is key to a used car purchase. You can use the Internet to your advantage when searching for a car’s value. Find out the value of your car from the KBB or the NADA book. If a dealership offers a vehicle for a price above those quoted in these sources, head someplace else.
Don’t sign any as-is warranty for a used car. This is never a good decision. At the minimum, you should get a three month warranty on your car purchase. If the transmission or engine blows the day after you drive off the lot, you will be responsible for the repair.
Now you know what to look for in a car. All that’s left is for you to head out and do the research! Never make a purchase you are uncomfortable with. Also, be sure to use this advice.…