4 Tips Before You Buy A Car
Buying a car can be very frustrating, but needs to be planned properly. Here are some quick tips before you make your purchase.
1. Know your budget
Right now is the best time to buy a 2018 vehicle because the new 2019 cars are coming out. Once you set your down payment and monthly payments. Next…
2. What do you want the car to do for you?
Is it for work, vacation, take the family around, etc…
How many seats do you need? How many miles are you going to drive every month?
3. Know your credit score.
Do not be surprised when you walk in. Obviously, the better the credit score, the better off you are.
4. Compare multiple cars.
Do you need great gas mileage? The Ford Fusion is an excellent choice. If you need a van, there are multiple vans to choose from. Do your homework on Toyota Land Cruiser, Chevy Tahoe, and Dodge Caravan.
If you’re going to buy a Caravan, make sure it does NOT have a Fiat engine.
Now that you know those things, start to shop around online. There are websites where you can compare cars such as the Chevy Tahoe vs the Toyota Land Cruiser. Typically the Land Cruiser is $10,000 – $15,000 more. So, save the $10,000 – $15,000 for repairs as needed. If you’re thinking of buying a 2-year-old car, you’re better off buying a new one.
Rent the car you’d like to buy and take it on a long trip to Santa Barbara or Palm Springs. Drive it there and have your significant other drives back. Make sure the seats are comfortable, you don’t have any blind spots, etc.
The more bells and whistles you add on, the more expensive it’s going to be in the long run. Do you really need the navigation? On some vehicles, it can be an additional $4,000. Buy yourself a smartphone, best navigation in the world.
Now you’ve done your homework, you know your credit score, budget, and test drove the car. Now its time to buy the car. Go to 3-4 dealerships to find the best deal. Do Not let them drag you inside. have a credit application ready to hand them. Tell them how much you are willing to put down. Also, it is important to get a 10 year/ 100,000 mile extended warranty that anyone can work on with a $100 deductible. In addition, how many years you want to make payments for. Lastly, negotiate low monthly payments.
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