When you have looked for a new or used car, have you been frustrated and confused by the process? Advice from those that have been there can really help you have a better experience. Buying a car will be easy if you follow this advice.
Watch out for the up sells in the financing office. When you reach the financing office, you will always be offered an extended warranty, interior protection, gap insurance and other such add ons. Make sure that you understand these well before making a decision to purchase them. Most are not worth the money you will spend, and you’re better off saving each month in the event that you need a repair or your interior gets a stain.
Before buying a used car from a dealership, ask to have it looked over by a third-party mechanic. A dealer that doesn’t allow this is a red flag. A professional mechanic is going to be able to give you objective feedback about the state of the car, including signs of previous wrecks or exposure to flood waters.
Don’t forget to calculate ownership costs when selecting a new vehicle. That bargain priced SUV might not be such a good deal if it means you will be spending twice the amount you used to on gasoline to drive it. The same goes for sporty racing style cars or models favored by car thieves that both can come with increased insurance rates.
Always do a test drive of the car you want before buying it. Even if you once had the same exact vehicle, you have to be sure that this one works just as well. There might be some different things that you’re not used to, or perhaps a defect that you weren’t previously aware of.
Before buying a car, consider the cost of insurance. If you are financing the car, you will probably need comprehensive coverage, in addition to liability protection. Some cars cost significantly more to insure than others. Avoid any surprises by asking your insurance company for a quote before you sign any paperwork.
Be firm in what extras you want. Almost every salesperson is going to at least attempt to “upsell” you in an effort to get a bigger sale. Don’t let them pressure you into the next model up or features you don’t need. If they claim not to have the model you are looking for in stock, only the “better” one, ask if they can locate one at another dealer.
Before you begin car shopping, write out a budget. You must know just how much you can afford to spend. Tally the amount you will be able to spend on your monthly car payments. You should get a loan before starting the shopping process.
Find out about dealers before choosing one. Start by asking your trusted friends, family, and neighbors about their positive and negative experiences with car dealers in the area. Furthermore, look up the dealers online at the Better Business Bureau website. Watch for any red flags about misleading or unfair business practices.
Research the resale value of the car you are considering. This way, when the time comes to sell the car you are buying, you will be able to get a decent amount of money back out of it. You do not want to end up stuck with a car because you owe more than you can sell it for.
Don’t ever buy a car the first day you find it and check it out. Give yourself at least a day to sleep on it and think of anything else you can to help you secure a better deal. Waiting with patience will fare you much better in the long run.
Make sure you know what you are signing. Later on, you may be hit with fees you weren’t expecting, but were spelled out in the contract. By the time you start signing papers you are ready to be out on the road, but take the time to read the paperwork that you are signing before you leave.
Do not forget what you have learned here when you go shopping for a car next time. By using this advice to guide you through the process, you can make car shopping a breeze. Save this piece so you can use it as a reference as necessary.