Most people love new cars, but many hate the prospect of having to go shop for one. Given the substantial expense involved, preparing to buy a car requires a good bit of research in advance of your shopping trip. The article that follows below contains terrific guidance for anyone looking to buy a vehicle.
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.
Do not be turned off from a car because it is used. Most people would like nothing more than to buy a brand new, shiny car. But, is this really feasible for your financial situation? Many used cars are perfectly fine and will not break your back nearly as much as a new car will.
Consider selling your car privately, rather than trading it in for the new car you want. You will almost always get more for your car through a private sale than you would through a trade in. Even if the dealership makes it sound like they are giving you a great trade in value, they will likely raise the price somewhere else to make up for the difference.
Shopping for a new car can seem complicated when it comes to pricing. Take your iPad or phone with you to the dealer. You can search the Internet and find car payment calculators that will let you know what your payment is going to be without having to rely on the dealer.
Make sure that when you are car shopping that you know what you’re looking for first. Call around to some of the dealerships and see if they have something you’d be interested in. You may also be able to find their website and check out the vehicles before spending time going up there.
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.
Never visit a dealership until you have a clear idea of how much you can pay. This amount is based both on your budget and the value of the vehicle.
When trading in your car, take it to a few dealerships and ask them each what they’ll offer you for it. You may be shocked by the difference between the prices offered at each lot. In the end, compare the price of the car you desire with the offer to find the best lot for your needs.
If you have a specific car in mind, call the dealership first to see if they have one available. If you go to them, the person selling the car will try his hardest to get you to buy the car. 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.
Research the laws in your state when it comes to purchasing a bad car. There are some states that have lemon laws. They will protect you from buying a car that isn’t in great condition and not being able to get a refund. Not every state has these laws, which is why it is important for you to do your research.
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.
Take the time to find the car that you want before heading to the dealership. Learn about the available options for that car. Furthermore, research to find out what other consumers are paying for that car with the options that you want. This way, you can better be prepared to get the dealer to sell you the car for what it’s worth.
Never buy a car without test driving it first. That even includes brand new cars and trucks. Not only do you want to make sure the car is mechanically sound, you also want to see how the car fits you. Decide if the car “feels” right. Some cars are not designed for taller people, for instance.
Before visiting a dealer, research the trade-in value of your old vehicle. You should be aware of the true value of your trade-in. This ensures that you can secure the best possible sales price for your new vehicle.
Learn about the cost to insure the particular type of car that you found. The cost to insure different makes of cars will differ drastically. If you take the time to learn the cost to insure it before you buy it, you will likely save yourself the grief of losing the car if the cost is more than your budget allows.
Take the time to learn about the cost of ownership of the car. Research the cost of tire replacement as well as brake replacement. They are the two most common repairs that will need to be made to cars. If you cannot afford the tires, you likely cannot afford to keep the car.
The task of shopping for cars can be daunting, scary and of course, quite expensive. In order to make the most of the experience, it pays to conduct sufficient due diligence before heading to the dealership. Hopefully the information and guidance found above has provided you with the confidence you need to get the ball rolling.