Everyone wants the best deal when it comes to buying a car, but many people don't know how to get it. Buyers often times think they have brokered a masterpiece but in actuality could have done even better. Consider the following helpful advice when you are ready to search for your dream car.
- You should never purchase any car without first taking it for a test drive. No amount of prior research can compete with the first-hand experience. Take your time and don't be in such a hurry that you skip over this part. You may find out that the car doesn't ride as smoothly as you like or doesn't handle as you were expecting. A test drive allows you to feel the car on the road, listen for any wayward noises and spot possible issues with performance. It’s better to discover these things during a test drive rather than once you’ve pulled into your driveway.
- If your dream car has been previously owned, never take it at face value. Though you may not be a mechanic, it is a good idea to do a thorough examination of the vehicle. If possible, take the car to a trusted mechanic and have them give it a detailed inspection.
- You should also know your credit score and your financial limitations before you enter the showroom. The best financing rates are often reserved for those with the best combination of credit score, income, job time, and previous payment history. Knowing your strengths and weaknesses can help you to be realistic about your chances of getting the very best deal.
- Calculate how much you can afford on a car payment before you get there. If you wait until you hit the showroom floor, your eyes could become bigger than your wallet, and you may be willing to pay anything to get what you want. Start out with a firm figure and do not allow yourself to be moved, no matter how big the dream.
- If depreciation is a concern for you, rather than buying a brand-new car, purchase a lightly used one that is only a couple of years old. Many cars come with transferable warranties that last for three years or 36,000 miles. You will save a significant amount over buying new, and the warranty will give you peace of mind for the first year or so. Also, consider a Certified Pre-Owned!
- Get a vehicle history report for any car you are seriously considering. All you need is the vehicle identification number (VIN), and most dealers can give this to you on the spot. This report can tell you about the car's accident and repair history, as well as whether the car has been in a flood or other disaster.
The process may seem overwhelming to you when it comes to securing the best deal on a vehicle, but it isn’t impossible. You just have to know what to do! Once you have this down, you're sure to turn your dream into a reality.
