How to Buy a Car

Well here are ten easy steps to finding the car that best suits you and your needs. First step, “What kind of car do you need? ” Instead of worrying about what you are wanting, worry about what you are needing. What are you going to use the car for? How many seats do you want to fill? Do you care about gas mileage? What kind of driving do you do the most? How far do you drive every day? Usually people, when buying a new car, only buy the car that is their favorite color, or has nice rims, ect.

Mainly the one that is most eye-catching rather than the one that would be the smart choice. Here are a few other questions to keep in mind when you begin your car buying process: Do you want a manual or automatic transmission? Do you need four-wheel or all-wheel drive? What safety features do you want? Will you be doing any sort of towing? Step 2, “What is your budget? ” You need to establish a realistic monthly payment that will fit into your monthly budget. The car payment should not exceed twenty percent of your take home, monthly pay. This is a crucial step in buying a new car.

You don’t want to go over budget and put yourself in a terrible situation. Purchase price, down payment, interest rate, and length of loan are what you should be basing your monthly payment on also. This will also help when negotiating with a salesman. Step 3, “Should you buy or lease your new car? ” Buying a car is more expensive and payments are higher, but when the loan is paid off, you can keep or sell the car. Leasing the car requires little to no money up front and lower payments, but when your lease is up, you have to give the car back and start over. Here are some advantages and disadvantages.

Advantages of Leasing: •Drive a better car for less •Drive a new car every few years •No trade-in hassles at the end of the lease Advantages of Buying: •No mileage penalties •Sell whenever you decide Step 4, “Have you considered all the vehicles in that class? ” Today’s market is full of all different, new products. It is very important to do your research. Review the changes that they have made from the older vehicles. Find the specific car you want by searching for make, type, price range, or market segment. This will help you a great deal during your process. Step 5, “Have you considered all ownership costs? One car might be cheaper to buy, but more expensive to own. You ask why? If two cars cost the same to buy, one of those cars can depreciate at a faster rate or cost more to maintain or insure. You should estimate the long-term cost of ownership of the vehicle you want to purchase. These include fuel costs, insurance, maintenance, and depreciation. Step 6, Research Options. By using and completing steps one through five, you should know which car will work for you now. Most people are used to going to local dealership to find for the car they are looking for. Now days, it is a waste of time and money.

Looking online is a lot easier and quicker. It helps tremendously. The only thing you should have you do in person is test drive the car and sign the contract. Remember, you don’t want to go to the dealership until you are really ready. Step 7, Schedule a test drive appointment. To get some sense of the business atmosphere that you are working with, it will be a great idea to make your initial contact with the dealership by phone. It can also boost your confidence when dealing with one of the salespeople. Then you should call the internet department and find out if the make, model, and color of car you are looking for is actually on the lot.

When you deal with a standard salesperson, keep in mind, they will always try to start the negotiations out at a high price with the expectation of being negotiated down. However, the internet manager will give you the lowest price as soon as the negotiations begin. Step 8, How you test drive a car. Test driving the car is the goal to experience the same conditions you will be using the car for. You should drive the car in stop and go traffic and freeway speeds. Test the brakes in a safe location to make sure they are working properly. Do not drive with the radio on, you can test that later.

You want to hear any noises that the car might make. Step 9, After the test drive. When the test drive is over you should leave the car lot. Why? You will need to test drive other cars at other dealerships. In one morning or afternoon is the best time to do all of your test driving. This will help to uncover even minor differences so you can make a more educated decision. Step 10, Getting ready for the buying cycle. Now you should have a good idea of what you can afford and what class you are looking for. You should have driven all of your choices. Now you should know which car you are going to buy or lease.

Narrow your choices down to one car and make a deal. After you follow these ten easy steps you should congratulate yourself. You have found the car that is right for you.

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