7 Steps to Help Make Car Buying Easy
Buying a car today can be overwhelming, especially with the abundance of available vehicles and commercials touting why this or that car is the best. If you're in the market for a new car, start doing your research early to help make an informed decision about what type of vehicle to buy and take advantage of discounts and incentives.
Follow these steps before you head to a showroom or visit an online car buying site to get the best deal.
1. Start reading vehicle reviews.
2. Know what you want in your car. Develop a list of features you want in your new car to help refine your search. This will help you easily compare vehicles.
Are you looking for a car to accommodate your growing family? Do you have a long commute to and from work, making good fuel economy a better choice for you? Is the latest technology an absolute must-have? Is the latest safety technology important to you? These are just a few things to consider when you are looking for a new vehicle.
Showroom vehicles are often configured to showcase their best and newest features. However, if you're looking for certain bells and whistles, don't be afraid to stand your ground and move on to a different dealership if you can't get a car that's outfitted exactly as you'd like.
3. Start shopping for auto insurers. Insurance is an important part of the shopping process, because it can give you a sense of your anticipated monthly premium based on the car you select. Check with your current insurance company to see how much it will cost to insure different vehicles, because there can be a big difference. This will give you a good idea of what different makes and models will cost to insure. When you've made your decision, shop different insurance companies to make sure you're going to get the best possible rate.
4. Set your budget. First, consider your down payment, monthly income and expenses to determine the payments you'd reasonably be able to make. Then think about the total cost of car ownership, which includes gas, financing, maintenance, repair costs, insurance and depreciation. Doing the extra legwork early in your research process will help you set a realistic budget and, when you compare vehicles, determine which car is the better value overall.
5. Get your financing in order. Dealerships usually work with preferred lenders to help buyers finance their vehicles if they aren't paying in full. Credit unions are also a good option and should be investigated before you start negotiating with the dealer. "In addition to the better interest rates and flexible terms you often find with a credit union, we're also a great resource when it comes to minimizing the all-in cost of your car," said
6. See what others have paid. Many online sites, like TrueCar.com,
7. Look for deals and incentives. Auto manufacturers will often list their current sales, deals and incentives on their websites and
Buying a new vehicle can be a bit overwhelming for many people, but with a little preparation it can be a fun and rewarding experience. And at the end of it all, you'll get to enjoy your new car and that new car smell!
Note: This article was originally published on http://blog.mercuryinsurance.com.
Read the full story at http://www.prweb.com/releases/2018/05/prweb15522462.htm
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