Saturday 22 September 2012

5 Things A Must Consider Before Buying A New Car


Buying a car is an important decision of your life, so you need to invest ample time in the thought process before purchasing a car. Careless decisions can cost you a lot in the long run. You can get a good car if you consider certain things before buying your car.

1. Know Your Needs:



First of all, you should analyze your needs properly. You should have a clear budget in mind for the EMI of your car lease or loan. You should also understand that you will need to pay certain amount upfront. For instance, you will need to have at least 10 to 15 percent of the total car price on hand, as you will need to cover your down payment, registration fees, insurance fees, etc.

After you have decided on your budget, you need to decide which type of car you want. Do you need a family car or a utility vehicle? Will a sedan be sufficient for your needs or you need a minivan or an SUV? Do you need a two wheel drive or a four wheel drive? Do you need any particular features in your car? Answering these questions will enable you to get the right vehicle for you.

2. Select A Car Model:



Now that you know your needs, you need to choose a car brand that fulfills all of your needs. You can do your search on the internet. Look for the information on engine size, price and financing options for various vehicles. Do not approach any dealership unless you have all the information.




3. Choose Your Dealership:



Now that you are ready with all the information about the car, you will have to consider a particular dealership to buy from. Carefully analyze the dealer’s reputation and things like after sales services before making a purchase. You can also consider any dealer that is recommended by your friends or family. If you are satisfied with the reputation of a particular dealer, then contact their sale's rep and book a meeting.








4. Get All the Information:



Find out all the details of your chosen car from your dealer. Inquire about every aspect of the car before signing a contract with the dealer.













5. Buy A Car:



Finally, you can sign a deal after clearing all your doubts. However, you can still negotiate on the price of your chosen car and the fees associated with insurance of the car. For instance, you can get some extra features or discounts on insurance at the specified price of the car. Your negotiation skills can help you save some money. After you reach an agreement with the dealer, it's time to sign a contract.

People who purchase a car by doing proper analysis often end up getting the best car. So, do your analysis and get a hold of the best car for you.

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