So, the time has come to buy another car. Whether your present vehicle needs repairs beyond your budget or perhaps you are ready to update to something more modern for the family, here are a few thoughts to help you on your journey.
Make sure you do your homework first; you will have to do some analysis like knowing where to purchase, the types of cars that interest you, and also the price range you want to consider.
Thoughts Before Buying
1. Figure out What You Will do with Your Old Car
This step is for those who have an old car they wish to replace. In case you are about to buy your first car, you can obviously skip this step.
2. Test Drive any Car you are Considering Buying
This should be done after you have chosen the car you want to buy at the dealer.
Try and haggle the price a little. Don’t be emotional or excited at this stage. This could affect your state of mind and you may not be able to make a good deal.
3. Be Aware of Any Add-On Prices
Do your research and find out the real price of the car you are about to purchase, before taking a step to meet with your dealer.
4. Do you Have your Financing Organized?
Research before you head out to shop for your next car.
Think about what model you want and what will fit in with your budget. Checking the engine model and the horsepower of the Engine too is of great importance. Good sources for these are buyer guides, manufacturers’ websites, local newspapers, social media and buying and selling platforms. Make sure the car has good safety features.
If it is a new car, check its safety ratings. You don’t want to buy a liability. It is always good to be extra careful; prevention, they say, is better than a cure.
5. Fuel Consumption and Environmental Features
Environmental concerns should be at the top of your mind along with the price of fuel. Newer cars are more efficient on fuel.
So, if fuel is a concern it is best to opt for a newer model car. For eco-friendly cars, the newer the car, the better eco-friendly. If you want to go all out, you can go for an EV which emits no pollution. Check in the car’s manual as to how many gallons per 100 miles the car goes through in fuel. Check the carbon dioxide emissions. The lower the number, the better.
Other Things to Take Note Of
Bear in mind fuel consumption also depends on your driving style, whether the tires are fully inflated, the engine is tuned properly and if you are doing straight highway driving or local stop and start type driving?
Buying a car that has maintenance logs and has been serviced regularly with low miles will help with resale later on if you choose to sell. Remember you don’t want your old car to be sold for a ridiculously low price just because you won’t take care of it.
Take into account the insurance costs when you are shopping for a car. You can get a few quotes on the cars you are interested in and find which will be lower in insurance costs. Your insurance will be lower if you have a car with the right safety features. Look for security features like central-locking and an alarm system.
New cars come with a long warranty that will cover you for major problems and faults within the car. Used cars will have a shorter warranty: usually about three to six months. So if your budget is up to it, it is advisable you purchase a new car.
It can be stressful taking into account everything you need to look for and remember when purchasing your vehicle, but it is worth taking every tip seriously. You want to be sure you are buying a reliable car, and are not getting ripped off or purchasing a car that won’t last you as long as you hoped. Whatever the model or condition of the car you are purchasing, be sure it is one you can be proud of even in a few years.