October 3, 2011
The Process in Buying Your First Car
The process of buying a brand new car can be a thrilling and exhilarating experience. Whether you are the first time car buyer looking for a reliable car to get you around town or a seasoned car buying expert, having the most up to date information and advice on the car buying process can be a definite advantage. Before you start looking to buy a car there are some things you will need to come to a decision on, such as, how much you can afford, whether to buy a new or used one and whether to pay cash or finance. First, you will need to decide what makes and models you are interested in, than do as much research on that type of auto as you can. Read reviews, consumer reports, ask your colleagues and friends, compare the optional equipment on each car, gather gas consumption data on the make and model you’re interested in. Examine the reliability ratings. Try to determine the maintenance costs and upkeep.
Next, make a list of what you are looking for in a car. You should decide what color, appearance, style, vehicle type such as an SUV, sedan, or coupe. Choose whether an automatic or a manual transmission. What kind of gas mileage, the number of passenger seating, how much storage capacity? What is the reliability rating and what safety features are included with the auto. Then you should write down what it is you need in a car. Write the needs down first and then write down what you want. You can then prioritize your list by rank of importance. You should decide how much you are willing to pay for the car and do not deviate from it in any way. Decide whether you’re going to buy from a dealership, a private owner, or from an auction. Whether you have a trade-in, pay cash or finance? This can influence how much you are willing to pay. This could be what determines whether you buy a new or used, economy or luxury auto. Then narrow down your...