Sure it’s difficult to purchase a new car. Even more if you are on a budget.
As if the process had not been adequately daunting. Trust me, I get it. And that’s why you have to get trained and ready with the right skills to walk into the car dealer. Keep reading, we have the checklist you need to buy a car.
Easy and to the Point
Apart from buying a home, buying a car is one of the most important purchases in life. Yet let’s keep it as easy as we want it, straight to the point. Equipped with the right stuff, you’ll be a smarter and happier car shopper.
Yes, Let’s Do This.
The first step to buying a car is to know you don’t need support from others to make it happen. You have actually purchased things your entire life. You might also consider yourself to be an A+ shopper. Don’t make anything special just because there are four wheels and one motor in the item you are buying.
Plan your car before it comes as a matter of urgency
Life also has a way to mess with these plans but try to put yourself in the role that you’re proactive in buying your car versus reactive.
I was recently trading for a new model in our 2003 Hyundai Santa Fe. My 2003 car was a nice one and it served me and my family well for many years. However, it started to have issues over the last five years of ownership, and the small improvements to keep it on the road began adding up.
I decided to make one final repair and to start shopping for a car. As I was not in a situation where transportation was required, this removed the attitude of “got ta buy it now or else” that had motivated my first few car purchases over the years.
Check Your Credit Options
And if you go into car buying with the “I don’t have a good credit card so I know I’m going to have to suck up some less than favorable financing terms,” always check your credit options particularly if you’re going to use dealer financing. The “Dear Gee, I’m not sure what my credit limit is… dear, is that enough?”Quote will make you look as if you don’t know what you’re doing and you’re setting up to take advantage of anything around.
Even if it’s not enough, know your credit limit and clear off any inaccuracies before you earnestly launch your car buying journey.
Calculate Your Budget
How much you should spend on a car? It’s best to bear in mind a total sum and what range you want your car payment to be every month.
Have a range of expenses in mind when deciding budget for your car purchase. This will allow you greater versatility and buying power when choosing what to purchase.
Visit an Auto Show
I personally believe that every car owner or potential car buyer must attend an auto show at least once every two to three years. If you do this, you’ll get an idea of what’s out there, how much costs and the features on the latest models are available. And, without the hassle of a car salesperson, you can search any vehicle you want.
An auto show offers you the opportunity to look, touch and sit in the cars. You should ask the company reps on the show floor, who are NOT trying to sell you a car. It is a perfect place to learn, and the admission price to an auto show pays for itself when it comes to buying the car knowing how you’ll benefit.
Do Your Homework Good
Study through models to see how they rack to stack with the features that matter to you. Want 3rd-row seating? Do you find off-road capabilities important? Will you be traveling in this car? Is storage room pretty much what you need?
When you think you’re looking for a mid-size SUV, study mid-size SUVs around the different car brands. What’s the big difference between the Santa Fe Hyundai and the Highlander Toyota? Pricing would be a big driving factor, but it contrasts the list of brand-wide apps. I Get an overview of what’s available for you, and what is a “got ta have it.”
Car History Report
When you are buying a used car, make sure you have the vehicle background documentation (and read!). It’s exactly how it looks. Think of it as a car inspection history.
The vehicle history report will provide you with details such as title history–how many times it has changed owners and if it has resulted in incidents. You will also get information about what odometer reading would be, as well as information about the maintenance history of the vehicle. It will be issued by your car dealership, or lender. Check out another great post on our blog on tips to follow when buying a used car.
Know What Is That You Want
It’s okay to have a response like “the car has to look good.” Obviously, there’s got to be more to the answer but it’s okay to want to love the way your car looks or even have a colorful car. A car is something you use every day, and when you look at it, you want to be happy and not think about anything like “Um, that awful brown gawd” every time you get into your car to go to work.
Seasonal stuff or lifestyle stuff may factor in it. A buyer living in south or in desert might add importance to a separate rear car seat vent (because boy is getting hot here) and a buyer living up north would want more mirrors seats.
Know what’s relevant to you, and know what those features have in different models present.
Getting locked in financing would turn you into a more successful car buyer. Speak to your bank, credit union or Capital One plan for an automotive financing business. That said, don’t rule out funding from the dealers. They might have greater benefits even than what your bank or credit union would be providing.
Check Car Ratings
Security scores and prices compare among various models. Compare issues such as repair costs, and how much tire replacement costs. Consumer reporting is an outstanding tool.
Yet, don’t underestimate Facebook’s super-scientific polling system. Ask your Facebook Group once you have determined what you’re interested in. You are going to have to accept a lot of knowledge and thoughts.
Have Full Knowledge When You Go To A Dealer
Know what you want and how much you want to pay before putting one foot into a car dealership. We went to a Hyundai company to buy a specific prototype–which we had researched and decided upon carefully.
We watched the 2020 version of Iron Man Kona. In every respect, it was totally unworkable for us. There was insufficient space and advanced custom lacquer needed to be washed by hand. However, it was Great, and we love Marvel for everything! We have been temporarily influenced by the coolness. We stayed our course, luckily.
I’m not saying you’re not able to change your mind. Yet you won’t make the best purchase if you walk into a car dealership without understanding what you want. And if you get distracted by “Why I didn’t know that I needed that but now I see that, I don’t” you go back to one location. I don’t know that. Leave the dealer and cut the numbers to carry out the analysis. Then come back, info-armed.
Know The Value Of Your Car
Again, it will take a bit of work on your park. A good starting point is to learn the Kelley Blue Book value of your vehicle. Go into the dealer with a good idea of what you’re going to get with your trade-in.
Start selling your old car right away, too. If you think that by managing that aspect of the transaction independently of your new car purchase you would make a better deal to yourself, why not? Only make sure to for a brief period of time add in any costs associated with being without a vehicle. If you are a two-car household and are able to suck it up for a few weeks and save a couple of hundred bucks, consider it.
Perform the right test drive. Don’t let the dealer decide on a test drive what you want.
Want to check the limits of your prospective car on the highway? Do this. Driving in town? Grab your moment.
The bottom line, this is your latest car in prospect. Do not think whether or not you are wasting the time replying to the car dealer. Try your very best to imagine how on a test drive you’ll be using your new vehicle.
Remember YOU are in the seat of the pilot. Your purchase, YOU are in control of your money.
Don’t Be Afraid To Say No
A car dealer doesn’t sell you a vehicle or give you a good price on a vehicle to do you any favors. A really great sales person might give you the impression that they are doing you a good job or putting themselves in an uncomfortable role by giving you too much and… well, that’s their work.
There are other car dealerships and it’s not the only game in town that is the deal and the car you have your eye on. If you think things aren’t turning in your favor or in your best interest at any point in the negotiation or car buying process, don’t be afraid to leave and go somewhere else. And go and think things over.
The dealership would of course do everything in its power to persuade you not to quit before committing to a purchase. Again, this is their work and with your best interest in mind, you’re the only one working.
We had a “zero percent financing” marketed turning into “Yeah, just not for that model” once we were down to the final details of dealer financing. We have nearly perfect credit and because of their heavy marketing of zero percent financing we should have preferred the dealership. We moved along.
The Most Critical Thing On The Checklist For Your Car Buying: Never Forget Who’s In Charge
YOU do! It is your time, and your money. For your own, you are not expected to be on anyone else’s timetable.
Not only do you get to ask the questions but you get to know the answers. If you have to take a day or a week to decide whether this is the right purchase or the best way to go for you, don’t let someone else put pressure on you to buy at a different pace.
There are plenty of cars out there, mind. Take your time, and choose the right one for you.
Will Owning A Car Leave You Stressed Out?
Speak of buying a car as for any other major project. Be methodical about it and follow all the steps in the checklist buying this car carefully. Having the time to read carefully and weigh all your choices and not being in a rush to make a decision are big keys to successfully purchasing your car.