July 9th, 2014
Searching for a new car can be a lot to handle. Applying for financing and getting an automobile that meets your needs is a tough task for anyone, so don't feel like you're the only one stressed during this process. While you shouldn't tax yourself too much, avoid having a laissez faire attitude about it. Buying a car with no direction can cause you to make a costly mistake. Your car buying experience doesn't have to be perfect, but you should watch out for these mistakes:
Sticking with one dealership
Only visiting a single dealership may not be the best route to take. If you go to one place, you may feel inclined to take the offer you are presented with to get your purchase over with. This can lead to you getting a more expensive car, as opposed to a cheaper one at another place.
Spending a good portion of your day traveling to several car dealerships can be a hassle, but going to more than one place can provide you with various options and ease your stress of the decision to take a deal. Visit a few places and compare all the deals to figure out what is best for you.
Not thinking about how insurance plays a role
Price is one part of the car buying process. Auto insurance is required for all drivers, and you could stand to save a little if you pick a certain model and your driving record is pristine. Keep in mind how much you're going to pay for insurance. Safer vehicles could assist in cutting down this cost.
Foregoing online resources
Perusing a dealership lot can be disappointing if you don't find the car you want. The last thing you need during your busy schedule is to waste an entire day and come up empty. Visiting car lots is the norm when it comes to buying, but you may not be aware that most dealerships have a website that lists their inventory. These websites could have cars that you did not see on the lot when you went for a visit. Checking out websites can also make negotiating easier, as you don't have to deal with the seller pressuring you for expensive add-ons.
Forgetting to appraise your trade-in
If you're looking for a brand new ride, you will probably trade in your old car. Don't forget to get your automobile appraised beforehand. Simply rolling up to a dealership without a set idea of how much your vehicle is worth could result in a lower trade-in value for your car. Check with a few online price guides to see what your vehicle is worth. Make sure that everything is working properly, including your headlights, windshield wipers and power windows. If you need to make a few minor repairs, such as buffing out scratches or replacing a side mirror, to raise the value, do so.