Purchasing a new car is one of the biggest financial commitments many people make. There are lots of things that you need should do before to buying a used or a new car but there are also lots of common mistakes which people make. On that note this article has comprehensively pointed out some if the mistakes people make whe buying a new or used car.
Assuming Test Drives
The internet may be a great place to do some research, but whatever you do, don’t buy a car based solely on online reviews and photographs. After all, the only way you can really figure out if a vehicle is the right one for you is to get behind the wheel yourself.
Whether you are buying from a dealership or a private sale, you must insist on a test drive before you hand over your hard-earned cash.
Test drives may only last an hour or so, but you can learn a lot about a car in that time, especially if you put it through its paces, testing out different road surfaces and different traffic conditions to see how it copes with highway driving and traffic jams alike.
Going to the market under pressure
Car salesman may have a reputation for putting their customers under a lot of pressure to buy, but there is someone else who can end up putting consumers under pressure: themselves!
If you know that you need or want to buy a new car, make sure you start your research early and give yourself plenty of time to shop around and find the perfect deal rather than settling for something which doesn’t suit your needs because you put unrealistic pressure on yourself to make a purchase.
No one ever makes a good purchase when they are feeling stressed and under pressure. It's the same whether you’re spending thousands of dollars on a new car or a hundred dollars on a new outfit.
Choosing on beauty over function
There are lots of good reasons to choose one car over another, but there are also lots of bad reasons! Lots of consumers choose to buy a car based on how it looks or even its color, despite the fact that these have no bearing on how efficient the vehicle will be or whether it will suit their needs.
No one is saying that you have to choose an ugly car just to fit the whole family in the back or save a few dollars on gasoline, but don’t let your heart rule your head when it comes to making a final decision on which car to buy. Make sure you consider all aspects of the vehicles you look at - including what is under the hood - before you hand over your cash.
For our next common mistake when buying a new car, we’re heading back to the dealership and those pushy salesmen. It’s bad enough that car salesmen are willing to encourage shoppers to buy cars that aren’t right for them just to get the commission, but they also try to persuade consumers who have ended up with the right vehicle at a good price that they need lots of extra features in order to get the perfect car when the basic model would suit them just fine.
Don’t feel obliged to agree to any of the extras just because the salesman tells you they are essential. If you never listen to music in the car, why on earth would you need a top of the line sound system?
Not Sticking To The Budget
We're sure you have a dream car in mind that you would love to own and drive one day, just as we're sure you also have a limit on how much you can spend on that car!
Buying a car is a major financial commitment. It's one that should you approach sensibly, deciding on your budget before you even start looking for a new vehicle and sticking to it rigidly, no matter what temptations are put in your way.
That budget should apply both to the sticker price and the monthly payments if you’re going to be taking out an auto loan. Don’t let anyone talk you into breaking the budget you’ve set, even by just a few dollars. Once you’ve spent more than you mean to, it’s a slippery slope to spending more than you can afford.
Buying At The Wrong Time Of Year
Amazingly, there are even right and wrong times of the year, and within each calendar month, to go out and buy a car from your local dealership. Buying at the wrong time of year can easily cost you a few hundred dollars more than if you decide to wait until the optimum purchase time.
Apparently, the best time of year to buy a car from a dealership is at the end of March, June, September or December, when salesmen and managers are eager to try and reach their quarterly sales targets and are much more likely to offer you a great deal just to make sure they get the sale added to their own figures. This is where your haggling can come in very handy!
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