Are you looking to buy a new car?
Buying a new car is an exciting step in life whether it’s your first or you’re upgrading. The freedom and independence of a car is a liberating feeling, it’s hard to imagine life without one.
But when you’re buying your new car you want to make sure you’re getting the best quality for your money. If you’re not a mechanic, it can be a daunting and overwhelming task.
The good news is it doesn’t have to be! Keep reading for our guide to buying a quality car you can rely on.
Research
Knowledge is power when it comes to buying and selling. You want to make sure you know what type of car you want before getting to the car lot.
Kelley Blue Book and Consumer Reports are a good place to start researching. If you want to buy new, find the price the dealer would have brought the car for, rather than the list price. This knowledge is essential if you want to negotiate on price.
For quality used cars look at the resent resale value of that model. This will give you the bargaining power you need to negotiate a better deal.
Look Around
Make sure you’re shopping around before buying a car. As a good rule, walk out of at least one dealership as this will get you the rock bottom price they’d offer.
You should also consider looking out of town. The prices of cars can vary a great deal depending on the dealership location. Even if the journey is a little long, it’s worth a look to get the best deal possible.
Look For New & Used Cars
Most experts will agree that buying a used car is the best way to save money when buying. But this used car must have had quality car care and its parts still be easy to replace if needed. You can find out more here at: www.redlineautoparts.com.
But buying a used car isn’t right for all people in all circumstances. Use car prices fluctuate through supply and demand. If you plan on holding onto your vehicle for the long-term, don’t rule out buying new. It will depend on your budget and personal needs so consider both options at the start of your search.
Buy Within Your Budget
Work out your budget for your new car and stick to it. This should include the down payment, insurance, maintenance, and loan costs if you’re financing.
If you still have repayments due on your current car, you need to consider if you can actually afford to buy a new one. It’s better to wait until you pay off any current loans.
You can set the money you spent on that previous loan aside for a few months to save up a downpayment. After that, you know that money can go towards paying your next car loan off. Never leave yourself stretched or struggling to repay.
Negotiate
Buying a quality car is one of the most important investments you make in your life. This is something you could still have to pay off for the next 5-6 years.
Make it clear to salespeople from the start you’re not a pushover. You should work to negotiate your car loan terms and bring the car price down too. Start with a ridiculous low-ball, and work up from there.
Be confident, stick to your guns, and don’t let pressure tactics get to you. This is why researching before is so important, you know the worth of the car, the available loan prices.
Buying a Quality Car The Easy Way
So, there you have it! By following this guide you’ll be sure to buy a quality car, not a lemon. We all have different needs when it comes to vehicles. By going in prepared you can ensure you get the right one, at the right price for you.
If you found this article useful, be sure to check out our other blog posts.