You should have fun when you are shopping for a car. Obviously driving a new car is fun, and so should the buying of it be. Do not let buying a car become a stressful experience. Use the tips that follow to make your car shopping stress free.
Know your limits. Before you start shopping for your next car or truck, decide how much you can afford to pay, and stick to it. Don’t forget to include interest in your calculations. You can expect to pay around 20 percent as a down payment as well, so be prepared.
Before you set foot into a dealership, do some research online. Check nearby dealership’s websites and record their listed price on the vehicle you want, as well as any special deals they might be offering. Having this information at your disposal will be a valuable asset when it comes time to negotiate with a salesman.
Figure out your budget and then go to see the dealer — in that order. When car shopping, never go over your maximum budget regardless of what words come out of the dealers mouth. You will be the one paying the payments, not them.
Before signing any contract take the time to read every line, including the fine print. If there is anything listed that you do not understand, do not sign until you get an answer that you understand. Unsavory salesmen can use a contract to insert many fees that were not discussed.
If you’re looking for a brand new car, talk to your bank about your loan options prior to going shopping. Doing this helps ensure your security. Often times a dealership will get you a better offer than your bank, however it’s always good to have a backup plan.
Before you even walk out the door to go to the different dealerships to search for an automobile to purchase, do your homework. If you have a specific car make and model that you are considering buying, do some background research. Have there been numerous recalls for this vehicle. What do current and former owners of this make and model say about their automobile?
Make sure that when you are car shopping that you know what you’re looking for first. Call around to some of the dealerships and see if they have something you’d be interested in. You may also be able to find their website and check out the vehicles before spending time going up there.
Going to an automobile show can sometimes help you determine what type of car is right for you. Car shows are a great chance to compare a number of different models against each other, all in one place. Additionally, you have the opportunity to be surrounded by car experts. After visiting an auto show, you should have an idea of what kind of car you want.
Understand the financing office. Most dealerships make the bulk of their money in the financing office. Your interest rate, extended warranties and other add ons are all sold at a premium once you are in there. Understand this, and select any of those options carefully. Most are not necessary for the average car owner.
Decide whether you want a used car or a new one. A new car has the obvious advantages, but used cars can be a pretty good deal as well. There are many certified used cars now that have been found to perform well, and cost substantially less than new cars do.
Do not forget to calculate the cost of owning a car when you are working out a budget. For example, a vehicle that costs more but gets better mileage may be cheaper over the long run than a less-expensive car with poor fuel economy. You should also include resale value and insurance premiums in your calculations.
If you have a specific model in mind, give the dealer a call to see if they have one available. If you visit a dealer without knowing in advance what you are looking for, a salesperson will try to sell you ANYTHING. If you are interested in a van but there are none there, you should not go. Give them a ring and see what’s available.
Do not try negotiating unless you see the car that you want is available. He might tell you that he can get it in for you, but you do not know if it will be the exact one you want. You do not want to waste your time negotiating for a car that you do not really want.
A lot of people bristle at the thought of buying a car, but as you can see, you do not have to stress out about it. Ways do exist to actually make the process fun. With this advice, you can find the car you want without a lot of stress.