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Have you made the decision to buy a new car? Well, that’s great, but are you aware of some of the many mistakes car buyers often make? This article details how to buy a car the right way.
If you fail to negotiate a price, you are wasting money. Never pay the sticker price for cars. Sticker prices are marked intentionally marked up so that the dealer has room to negotiate.
The Internet can be scoured for some good deals. A simple Internet search can help you save a lot of money. If you find a car you like, you can ask your dealership if they can obtain it for you to buy. If the source isn’t too far away, go get it yourself.
Set up financing for your vehicle prior to visiting the dealership. Credit unions and banks are good options. They often have better interest rates and you can walk into a lot knowing you can pay for the car you want.
Ask your family and friends about what they know about cars. How do they feel about their current vehicles? Would they purchase the same vehicle again? What information have they heard about different cars that are available? This gives you trustworthy information to go on.
Create a car budget before you set foot in a dealership. Do not go over what you planned to spend, no matter what payment plans your dealer offers. Remember that you are the one that might be paying for your car for around 6 years, not the dealer.
Safety features are essential for any car. Anti-lock braking systems, or ABS, are a top priority. It is also important to have air bags. Safety is important since you will be in the car alot.
If you don’t know how to deal with sales pitches that are high pressure, get a companion to shop with you. They will help you get a better price and ask hard questions. Discuss your needs and the limits of your budget with your adviser before you visit a car lot.
If you want a new car, contact the bank first to see if you qualify for a loan. Doing this ensures your security. Your dealer may be able to locate a better interest rate than your financial institution can, but you should know that ahead of time.
Test Drive
Test drive your proposed vehicle without fail. Be sure to test drive any vehicle. It doesn’t matter if it seems perfect. You can’t know without driving it. A test drive can give you so much information. For example, you might discover that there are handling issues or that the car is noisy or bumpy.
Use the Internet to shop. You’ll find almost any and every vehicle online. While online, learn everything about the car of your choice before visiting a dealer. An online search can reveal anything you would like to know including MPG, resale value, specifications, rating and size.
Visit a local auto show to find out more about the cars available. At an auto show, you have the chance to directly compare different styles of car. This also gives you the opportunity to talk to knowledgeable folks. After the auto show, you should go home with a better idea as to what you would like to purchase.
Evaluate your finances and come up with a realistic amount that you are willing to spend before you start talking to car salesmen. You need to budget, research market pricing and know about the value of the model you wish to buy to formulate this number.
Ask the dealer if you can have a mechanic go over the vehicle you would like to buy. You should pick one that is trustworthy. Avoid using the dealer’s mechanic. Your mechanic will be able to let you know whether or not the car is worth the asking price and road-worthy.
If you know the specific model that you want, call the dealership to see if they have it on the lot. If you go without calling, the salesperson may try to sell you a car that you don’t want. But, if your heart is set on a particular car that they do not currently have on-site, you do not need to waste your time. Call ahead and find out what the story is.
As we said before, you need to know some essential things before car shopping. Use this information to buy a car you’ll enjoy. Here’s to wishing you the best when looking for a good car.