Buying a car is a big step that many people take. While the urge to rush to the dealership and purchase the first car you see can be great, it’s better to think things through. Here are some things to consider when buying a car.
Think about how much it will cost to pay for any cars that you are considering buying. You’ll need to be able to comfortably make monthly payments without going beyond your means if you are financing. Create a budget, and get the funds you need before setting foot into a dealership. If you don’t have enough money saved, a credit union or bank can help you with a loan. Be sure you have enough money to cover the cost of the car, as well as fees and taxes that come with it.
Once you have a few cars in mind, take them for a long test drive. 10 minutes isn’t enough to really get a feel of how the car handles at various speeds and on different surfaces. The salesperson may insist on a shorter drive, but don’t let them cut your test short, as you are the one who will have to drive the car if you ultimately decide to purchase it. A pushy salesperson who just won’t give up is a sign that maybe it’s time to test drive another car on your list. You can always come back another time to test drive the car again.
The price that the dealership has on display isn’t always the best price you can get. Dealers are usually willing to give shoppers a lower price with a little bit of haggling, especially near the end of the month, which is the closing period for a sale. Take a firm stance when negotiating a better price, but don’t be rude to the dealer. Don’t commit to paying a price that you don’t find comfortable. You have power as a buyer, and you can always leave the dealership and look for a better deal if you aren’t to get the price you want.
All car purchase include a buyer’s order, which contains a list of all prices associated with the car, including taxes and fees charged by the dealer. Before signing your name on the form, ask the dealer about anything that you don’t understand. If there’s anything that you don’t like on the form, you have the perfect chance to back out rather than signing. The dealer will try to offer additional items for your vehicle, such as warranties and components, when you prepare to sign the order. Any of these can increase the overall cost you pay, so take precaution when agreeing to them.
Once you’ve taken everything into consideration, you can purchase your car knowing that you’ve done everything correctly.