The Smart Person’s Guide to Buying a New Car

Posted on 27 January 2015 by Tony Santos

buying-a-car

Buying a new car can be both exciting and daunting, but it pays to have a plan before you set foot into a dealership. This will make the experience a lot smoother and simpler, and you won’t need to stress at all (or at least not as much). Even though these tips are for those looking to buy a new car, those of you who are in the market for a used car may find these useful as well.

Research

All serious investments require a decent amount of research, and buying a car is definitely a serious investment. Firstly, figure out what kind of car you would like and consider who will be driving or riding in the car. Find a brand you are comfortable with and trust and go from there. Remember: research is not only confined to the internet! Ask friends, family, even co-workers for their firsthand opinions – you might find them quite useful!

End of Season

End of season sales are a great way to snap up bargains on new cars. Car dealerships are usually looking to get rid of their old season stock as soon as possible, so you will most likely be able to get a good discount on a car. Sometimes the old models are basically the same as the new models, just with a couple of changes, so it is worth your while to check them out.

Haggle

Go in with a reasonable price in mind and do not accept the first offer you are given. Additionally, different times of the year are better for haggling – try your luck at the end of the month or a quarter, as the salespeople will be looking to boost their sales figures and meet their targets.

Check Paperwork

It’s important to check all the paperwork carefully before you agree to or sign anything. Make sure that you are paying for what you want, and not for the extras that many dealerships will try and pressure you into taking. If you are shopping around for quotes, ensure that you get them down in writing so there is no misunderstanding if you decide to proceed with the sale.

Get the Right Financing

After you have decided on your perfect car, it’s time to pay! There are a number of different financing options available for anyone, so make sure you go through them and find the best one for you. Car loans can be tricky to negotiate so if you are having trouble – especially if you don’t have a great credit history – auto loan specialists such as Dreamloans can help you figure things out.

These are some tips for any smart person looking to buy a new car. The process can be tedious and a little scary, but it will all be worth it when you’re finally behind the wheel of your shiny new vehicle.

Have you recently bought a new car or do you work at a car dealership? What advice would you give to others who are thinking about buying a car? Is there anything they should avoid? Leave your comments below.

Categorized | Car News, Car Tips

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