Looking into buying a car?


     When you’re buying a car, you have to plan the purchase of the automobile. I know people that got up in the morning intending to buy a car and later that evening they come back with a car. Most of us spend more time purchasing a pair of shoes than we do buying a car. We spend 1 or 2 days trying on the pair of shoes, making sure they fit correctly, etc.

     The first thing you want to do is write down on paper what you want the car to do for you? Is it to take your family on vacation? To take you back and forth to work? Both? How much do you drive? How much do you spend on gas on a monthly basis? If you are buying a car for your kids, what is important, safety or gas mileage? I know some people that buy their kids a smaller car because of better gas mileage. Put your kids in the biggest car you can buy! All my kids drove tanks ( Jeep Suburban). Unfortunately, a couple of my kids were in accidents, but thankfully they survived because they were driving tanks.

     Once again, write down what you want the car to do for you and ALWAYS have an exit strategy. How long do you plan on keeping the car: 5 years, 10 years, 20 years? Next, write down if you plan on buying a new or used vehicle and what your budget is. If you plan on buying a used car that is 2-3 years old, I can prove to you that buying a new car is cheaper, in the long run, most of the time. If you are thinking of buying a used car that’s $2,000 – $3,000 then you are buying someone else’s problems. A nice used car will cost around $10,000. Now, I’m going to follow up with a series of blogs that will show you step by step on how to buy a used car, but if you have any questions please contact me via Facebook, email, or call me at (714) 375-2661.