You’ve made the decision to buy a new or used car, awesome! Whats Next? You will have to find a car that fits your needs and budget. At dealerships, looks are often deceptive. The label says an amount, but car dealers may have a different price in mind. Just because the window has a figure on it doesn’t mean that’s what you should pay for. Here are some things to keep in mind when you head to the auto shop.
Do your research. It is the most important step when making such a large investment. You’ll want to investigate the safety and fuel efficiency ratings. Has the vehicle won any awards or been recalled? Will this car require a lot of maintenance? What does the manufacturer’s warranty include? Already have a make and model in mind? Find out what was the best year for that make, and if you’re buying used, make a list of things to check on the vehicle.
After doing your own research, if you still don’t feel comfortable with so much information, bring a knowledgeable friend or family member. Bringing a friend can provide the necessary support and experience. Knowledge is power, and in this case, a coupon on an expensive item.
Come in with a budget. Always know how much you are willing to part with and stick with it. You are the customer, so you have to work for your money, not the other way around. If the car dealer can’t meet your budget, take a step back and take some time to think about it. A car is a compromise and you need to make sure you are ready and get the best possible deal while getting the car that is the best fit.
For used cars, check a price comparison site to see what the fair market price is. Keep that information with you. The car dealer will work with you because you both have a common goal: you both want to see you drive a new car.
Another thing to consider is what features come with the car. Features can make a significant difference in price, but which features are important to you? If you wish, it may be useful to carry your personal notes with you. It is always better to have the information at hand than to forget and lose money that could be saved.
Know the best days to buy a car. Sometimes it’s hard to wait, especially when our jobs can take us far from home, but do some digging to decipher the best sales. You may be able to get more for your jalopy by trading it in at a different time of year. Buying a car fresh off the line is tempting, but waiting can be worth the savings!
In general, the best advice is to stay informed, do as much research as you can on the car you want, visit more than one car dealer, and keep your fixed price in mind. Know your goals, know your car, and know that when you left, it was the best deal on the car you wanted.