best tips for buying your dream car
TRANSCRIPT
Finding a car that fits exactly to your requirement, deciding to buy it and finally purchasing it is an important financial
decision.
Sometimes people go to dealers and buy a car immediately going by the marketing words of the salesperson without
accounting their requirement.
Research on vehicles :-
Have you already decided what type of vehicle you want or currently researching on every options?
Types of vehicles: :- Sedan :- SUV
:- Minivan :- Coupe
:- Convertible :- Wagon
:- Performance :- Hybrids
Always search the news & reviews about your selected vehicle to know its loopholes and benefits over other vehicles.
You must decide the maximum amount of money that you can spend on your car.
Decide a rough budget :-
Also there is a post car buying rule that says, “you need to spend a 25% of your monthly expense on car to keep it running
smoothly”.
So calculate all your expense and make sure you properly determine your monthly bills and expense on vehicle as a part.
Do you have a pre-approved loan that is already prepared for the vehicle or you are going to pay a wholesome cash?
Buying options :-
Petrol cars are economical to buy but it doesn't give a better performance like diesel cars.
Petrol vs Diesel :-
Diesel cars are costly and it also need a proper expense on maintenance for giving a better mileage.
So if you drive daily a long distance then diesel car is better choice and if not then stick to petrol cars.
When you show your impulse in front of salesman or dealer, it makes them to know how much you want the car and how can they manipulate you to buy it whether it fits to your need or not.
Avoid your impulses :-
In certain times, there are cash-back deals, student deals,deals for military members or different unions etc. which can
ultimately help you to ease on your expense.
Research on all possible discounts :-
Always check with different dealerships about the price and warranties before buying.
Ask for selling price & about warranties :-
You also can check the details on online price comparison sites which are reputed or have AAA+ ratings.
Make sure to ask things like paint protection, an extended warranty or if any prepaid maintenance costs you should know
about.
Make sure to take a test drive in your familiar route where you know the terrain and potholes if any.
Test Drive
Always take a minimum of 20mnts in test-drive where you can at least check the performance in traffic, curves and bumps etc.
on the go.
If you feel everything is fine with the vehicle then make sure to tag along with your selection until you reach the destination.
If you take delivery at home, then make sure to check if it's clean, gas tank is full or not, might be any dents or stretches during transport etc.