A New Car Buying Guide
Buying a brand new car is one of the most costly things many of us do, except for a house purchase, so it is essential to get it right. Driving away in your a new car for the first time can give you an uplifting feeling. Nevertheless, you should not rush into things despite the advantages of brand new car ownership.
A good tip is to ensure that the car you are considering buying comes with a full manufacturer’s warranty. This should include labour as well as parts so that you can have any faults or running-in issues repaired free of charge. Many manufacturer warranties are three years long, but dealerships can sometimes extend these to as long as seven years. It is always worth asking about these sorts of extended warranties, which will help the new car to depreciate in value less rapidly. Some car makers also have special promotions, like interest free finance, but these are not always immediately obvious. A good tip it to check your local newspaper for these sorts of promotions before heading out the nearby dealerships.
When you turn up at a car dealer, know how much that you can afford to spend. This is not just the outlay that you can put up for a deposit, but the repayments on any financing deal that is struck. Don’t be tempted to spend more than you can comfortably afford by upgrading to the next model in the range, for example. You could live to regret this, especially if you struggle to make the monthly payments. Interest free deals are only good so long as payment commitments are met and you can soon rack up charges if you get behind.
Always take the model of car you are going to buy for a test drive. This means that you get a feel for what it is like behind the wheel and can make direct comparisons with other manufacturers offerings in the same class. Consider whether any model will need some adjustment of your usual driving style, especially if things like fuel economy are important to you. Remember to sit in the back, too, so that you get an idea of what the car is like for passengers.
Before stumping up any money, take some time to research other dealers’ prices. That way you will know whether you are getting the best deal possible. This a good tip that will help you drive down the asking price for any vehicle as far as it will go. Remember that car sales staff work hard to get you to sign up if they think that you might go elsewhere. Of course, you need to show them that you are a serious buyer in the first place to achieve this.